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Which investment has the highest effective annual rate? Select an answer and submit. For keyboard navigation, use the up / down arrow keys to select
Which investment has the highest effective annual rate?
Select an answer and submit. For keyboard navigation, use the updown arrow keys to select an answer.
a An investment paying annual interest of compounded annually.
b An investment paying annual interest of compounded semiannually.
c An investment paying annual interest of compounded quarterly.
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