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The total value of 100 dollars after it is invested for m [#permalink]
28 Dec 2016, 15:15

Expert's post

00:00

Question Stats:

33% (03:49) correct
66% (00:00) wrong based on 3 sessions

Quantity A

Quantity B

The total value of 100 dollars after it is invested for m months at 8 percent simple annual interest

100(1+\frac{0.08}{m}) dollars

A)The quantity in Column A is greater. B)The quantity in Column B is greater. C)The two quantities are equal. D)The relationship cannot be determined from the information given.