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Suppose there is an investment account of $ 1,000 that gives an APR of 8.9% over 11 years from today. Which one of the following
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Suppose there is an investment account of $ 1,000 that gives an APR of 8.9% over 11 years from today. Which one of the following gives the largest future value?
A. Compounding semiannually
B. Compounding quarterly
C. Compounding monthly
D. Compounding daily
E. Compounding continuously
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