By calculating the maturity value of $100 invested for one year at each rate, determine which rate

Question:

By calculating the maturity value of $100 invested for one year at each rate, determine which rate of return an investor would prefer.
a. 8.0% compounded monthly
b. 8.1% compounded quarterly
c. 8.2% compounded semiannually
d. 8.3% compounded annually

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