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Is it better to take a loan at an APR of (hint: you are borrowing at this rate): 10% compounded annually 9.7% compounded daily (assume

Is it better to take a loan at an APR of (hint: you are borrowing at this rate): 10% compounded annually 9.7% compounded daily (assume 365 days in a year) 9.8% compounded monthly 9.9% compounded quarterly

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