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Which is the better investment? 3.55% compounded weekly 3.57% compounded monthly Use an effective rate formula to answer. 3.55% compounded weekly is better. 3.57% compounded
Which is the better investment? 3.55% compounded weekly 3.57% compounded monthly Use an effective rate formula to answer. 3.55% compounded weekly is better. 3.57% compounded monthly is better. The two investments are the same. There is not enough information to determine which is better
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