3-51 Select the best of the following five alternatives. Assume the investment is for a period of...

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3-51 Select the best of the following five alternatives. Assume the investment is for a period of 4 years and P = $10,000. A. 11.98% interest rate compounded continuously B. 12.00% interest rate compounded daily C. 12.01% interest rate compounded monthly D. 12.02% interest rate compounded quarterly E. 12.03% interest rate compounded yearly

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