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4 . Which is a better investment, an account paying ( i ) 5 . 0 0 % , annual compounding, ( ii ) 4

4. Which is a better investment, an account paying (i)5.00%, annual compounding, (ii)4.95%, quarterly compounding, (iii)4.90%, monthly compounding, (iv)4.85%, continuous compounding? (4 points)

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