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Which of the following bank certificates of deposit (CD) will give you the highest future value for a given investment over 4 years? Group of

Which of the following bank certificates of deposit (CD) will give you the highest future value for a given investment over 4 years?

Group of answer choices

A CD paying 3.0% nominal annual interest with quarterly compounding.

A CD paying 2.5% nominal annual interest with annual compounding.

A CD paying 2.5% nominal annual interest with semi-annual compounding.

A CD paying 3.0% nominal annual interest with daily compounding.

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