Posted by **Anonymous** on Thursday, October 15, 2009 at 6:32pm.

How much less interest is earned at 6% simple interest for 5 years on a $10,000 investment than a 6% rate compounded daily for 5 years?

## Answer this Question

## Related Questions

- Financial Math - An investment of $2500 accumulates at 6% p.a compounded semi ...
- math - The Investment Problem. Suppose that Rod invests $1,000 at 6% compounded ...
- arithmetic - An investment of $2,000 is earning interest at the rate of 6.2% ...
- Investment interest - Scenario: A client comes to you for investment advice on ...
- math/ compounded - Scenario: A client comes to you for investment advice on his...
- Math - Using the formula. I =Prt ,calculate the simple interest where t=1/n and ...
- Algebra - Greta invests $10,000 in an investment that pays 3% interest, ...
- Lat math question for some days. Can y'all help? - Huan deposited $850 into a ...
- math - Marla earned $400 interest over 2 years on a $4,000 investment. Jovita ...
- math - A client comes to you for investment advice on his $500,000 winnings ...

More Related Questions