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Consider the following investment alternatives: Compounding Annual Rate 6.722% 6.5297% Daily 6.6065% Quarterly 6.594% Monthly Which alternative offers you the highest effective rate of

Consider the following investment alternatives: Compounding Annual Rate 6.722% 6.5297% Daily 6.6065% Quarterly 6.594% Monthly Which alternative offers you the highest effective rate of return? Investment ABCD OA. Investment A OB. Investment B OC. Investment C OD. Investment D

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