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In general, which rate yields the larger amount in one year? (A) 4% compounded monthly (B) 3.92% compounded daily Input A or B or same

In general, which rate yields the larger amount in one year?

(A) 4% compounded monthly

(B) 3.92% compounded daily

InputAorBorsamehere:

sameindicates the rates yield the same amount after one year

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