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Find out which of the following investments is larger and


Find out which of the following investments is larger and the amount difference after 28 years.

  1. 5,000 is deposited annually and earns 5% interest compounded daily.
  2. 400 is deposited monthly  and earns 5% interest compounded monthly.

Need to show work please and need answer within 20 minutes.

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Finance Basics: Find out which of the following investments is larger and
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