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If you are borrowing money, which one of the following rates would you prefer? Select one: a. 9% compounded daily O b.9% compounded semi-annually O

If you are borrowing money, which one of the following rates would you prefer? Select one: a. 9% compounded daily O b.9% compounded semi-annually O c. 9% compounded quarterly O d. 9% compounded monthly O e. 9% paid annually

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