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Consider the following interest payments: a) An investment paying interest of 12 percent compounded annually b) An investment paying interest of 11.7 percent compounded semiannually

Consider the following interest payments:

a) An investment paying interest of 12 percent compounded annually

b) An investment paying interest of 11.7 percent compounded semiannually

c) An investment paying interest of 11.5 percent compounded continuously

If you could only choose one investment option, which would you prefer?

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