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. A trust company offers three different guaranteed investment certificates (GICs) paying respectively 9.35%/year compounded semi-annually 9.25%/year compounded monthly 9.20%/year compounded daily. Rank the options
. A trust company offers three different guaranteed investment certificates (GICs) paying respectively 9.35%/year compounded semi-annually 9.25%/year compounded monthly 9.20%/year compounded daily. Rank the options from best to worst. Note: This is the only question that does not require a time diagram
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