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(Please no Excel) 24. Consider the following investment alternatives: Investment A B C D APR 6% 6.75% 6.25% 6.50% Compounding Annual Daily Quarterly Monthly Which

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(Please no Excel)

24. Consider the following investment alternatives: Investment A B C D APR 6% 6.75% 6.25% 6.50% Compounding Annual Daily Quarterly Monthly Which alternative offers you the highest effective rate of return after 5 years? A) Investment D B) Investment A C) Investment B D) Investment C

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