QuickHelper

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    Phoniex
    Jul-2007 - Jun-2012

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Category > Engineering Posted 24 Aug 2017 My Price 15.00

exponential growth, math

Completely and accurately answer the following question in microsoft word document. Double check all work.

  1. Juan and Michelle each have $800. Juan plans to invest $200 for each year of the next four years, while Michelle plans to invest all $800 now. Both accounts pay 3% annual interest compounded monthly. Will they have the same amount of money after four years? Explain why or why not.

Answers

(10)
Status NEW Posted 24 Aug 2017 07:08 AM My Price 15.00

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