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Which of the annual rates below provides the highest effective rate? Investment Rate Compounding A 6.25% Annual B 6.10% Daily C 6.125 Quarterly D 6.120
Which of the annual rates below provides the highest effective rate?
Investment | Rate | Compounding |
A | 6.25% | Annual |
B | 6.10% | Daily |
C | 6.125 | Quarterly |
D | 6.120 | Monthly |
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