3 A 1200 investment earns interest at a rate of 4 32 per

Last updated: 7/14/2023

3 A 1200 investment earns interest at a rate of 4 32 per annum compounded monthly Another investment of 1800 earns interest at a rate of 3 7 per annum compounded semi annually How long if ever will it take for the lower initial investment to be worth more than the higher one 3