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E Unit 5 Lab Homework Question 13 of 17 (1 point) | Question Attempt: 2 of Unlimited Rebecca V 4 V 5 6 V 7

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E Unit 5 Lab Homework Question 13 of 17 (1 point) | Question Attempt: 2 of Unlimited Rebecca V 4 V 5 6 V 7 V 8 v 9 10 ~ 11 12 131m 14 15 16 Determine which is the better investment: 5.75% compounded semiannually or 5.98% compounded quarterly. Round your answers to 2 decimal places. The 5.75% semiannual investment gives an effective rate of 1%. X The 5.98% quarterly investment gives an effective rate of % . Therefore, the (Choose one) investment is a better investment

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