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March 31, 2015

Homework Help: Math help!

Posted by Ais on Tuesday, January 29, 2013 at 4:59pm.

Which is the better investment over a y year term? Calculate each one.

Investment that offers a rate of 2.25% per annum, compounded semi-anually.

Investment that offers a rate of 2.15% per annum, compounded quarterly.

Investment that offers a rate of 1.95% per annum, simple interest.

How do I calculate this?

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