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Which of the following interest rates will result in the highest amount of interest being charged? Choose one of the following below.... 7.8% per year,

Which of the following interest rates will result in the highest amount of interest being charged? Choose one of the following below....

7.8% per year, compounded daily

7% per year, compounded daily

8% per year, compounded annually

7.5% per year, compounded quarterly

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