You have 10000 to invest for 6 years you can invest this at

Reference no: EM13451584

You have $10,000 to invest for 6 years. You can invest this at a rate of 7.67% compounded annually, at a rate of 7.52% compounded quarterly, or at a rate of 7.35% compounded monthly. Which of the 3 alternatives would give you the highest amount in 6 years?

Reference no: EM13451584

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