Lauren F.
asked 10/23/17Decide which plan is better/word problem
A. Plan A -- $40,000 invested for 3 years at 1.5% compounded quarterly. Compound Interest A=P(1+r/m)^n
B. Plan B -- $40,000 invested for 3 years at 1.4%, compounded continuously. A=Pe^rt
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1 Expert Answer
Kenneth S. answered 10/23/17
Tutor
4.8
(62)
Algebra II EXPERT will help you survive & prosper
As Mark M implies, YOU must get to WORK.
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Mark M.
10/23/17