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nt P 1 1 17 m Suppose that you have 12 000 to invest Which...

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Algebra

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nt P 1 1 17 m Suppose that you have 12 000 to invest Which investment yields the greater return over 5 years 8 75 compounded continuously or 8 9 compounded semiannually Use the compound interest formulas A P and A Pet to solve Round to two decimal places A 12 000 invested at 8 9 compounded semiannually over 5 years yields the greater return B Both investment plans yield the same return OC 12 000 invested at 8 75 compounded continuously over 5 years yields the greater return

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