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Posted on Jul 24, 2024

Which of the following is the highest interest rate? A) 9.25% per year compounded quarterly B) 9.36% per year compounded monthly C) 9.58 per year

Which of the following is the highest interest rate?

A) 9.25% per year compounded quarterly

B) 9.36% per year compounded monthly

C) 9.58 per year compounded semiannually

D) 9.70% per year compounded annually

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