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determine he effective annual yield for each investment. then select the better investment. assume 360 days in a year. 2% compounded semiannually, 1.9% compound daily.
determine he effective annual yield for each investment. then select the better investment. assume 360 days in a year. 2% compounded semiannually, 1.9% compound daily. the effective annual yield for a 2% compound semiannually investment is and the effective annual yield for a 1.9% compound daily investment is
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