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

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

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