Question
Use the digits of your birthday as the amount of your initial investment (i.e., 6/25 is $625), calculate the value
of this investment after 10 years at 3.5% APR for interest compounded yearly, quarterly, monthly, and daily. What do you notice? My birthday is 06/17. Just need help with the what do you notice part.
Top Answer
Our calculation shows that the value of the invest increases as the number of... View the full answer