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If you are borrowing money, which one of the following rates would you prefer? Select one: O a, 12% paid annually (J b, 12% compounded

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If you are borrowing money, which one of the following rates would you prefer? Select one: O a, 12% paid annually (J b, 12% compounded monthly c. 12% compounded daily d, 12% compounded quarterly O e, 12% compounded semi-annually

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