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The table below shows the rate of return, expressed as an APR, for four investment opportunities. The LOWEST effective annual rate of return you could
The table below shows the rate of return, expressed as an APR, for four investment opportunities. The LOWEST effective annual rate of return you could earn on any of these investments is closest to _____________. Investment Rate of Return (APR) Compounding
A 6.3830% Annual
B 6.2116% Daily
C 6.2834% Quarterly
D 6.2744% Monthly
answers choices are
a.
6.4580%
b.
6.4080%
c.
6.3830%
d.
6.4330%
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