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Two different investments are currently offering an APR of 12%. Investment A offers monthly compounding while Investment B offers quarterly compounding. Therefore, A has a

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Two different investments are currently offering an APR of 12%. Investment A offers monthly compounding while Investment B offers quarterly compounding. Therefore, A has a lower effective annual rate than B. O A has a higher effective annual rate than B. A and B have equivalent effective annual rates. No conclusion can be drawn based on available information

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