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Which of the following give the highest amount of interest for depositing the same amount of money for 2 years? 5 % annual interest rate,
Which of the following give the highest amount of interest for depositing the same amount of
money for years?
annual interest rate, no compounding
annual interest rate, compounding semiannually
annual interest rate, compounding monthly
annual interest rate, compounding daily
annual interest rate, compounding continuously
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