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Use the table for the question(s) below. Consider the following investment alternatives: Investment Rate Compounding A 6.25% Annual B 6.10% Daily C 6.125 Quarterly D

Use the table for the question(s) below. Consider the following investment alternatives:

Investment	Rate	Compounding
A	6.25%	Annual
B	6.10%	Daily
C	6.125	Quarterly
D	6.120	Monthly

The lowest effective rate of return you could earn on any of these investments is closest to:

Select one:

A. 6.300%

B. 6.289%

C. 6.150%

D. 6.250%

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