Question:

Paul Durant invested 100 000 at 6 compounded daily for 4

Last updated: 4/23/2023

Paul Durant invested 100 000 at 6 compounded daily for 4

Paul Durant invested 100 000 at 6 compounded daily for 4 years and 100 000 at 6 compounded monthly for 1 year a What is the interest earned for 1 year on each investment b What is the annual percentage yield for each investment