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OpenStudy (anonymous):
A banker can lend money at 19.1% compounded monthly or at 19.3% compounded quarterly. If the length of the loan is 10 years, which type of loan profits the banker more?
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OpenStudy (anonymous):
i know that i need to use the Compound Interest Formula
OpenStudy (anonymous):
Use the compound folmula
OpenStudy (anonymous):
Compound Interest Formula I meant to say
OpenStudy (anonymous):
I saw this last year
OpenStudy (texaschic101):
monthly
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OpenStudy (anonymous):
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