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Which of the following nominal rates will earn the most interest? 5% compounded monthly ( j12). 5% compounded quarterly (j4). 5% compounded semi-annually (j2). 5%

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Which of the following nominal rates will earn the most interest? 5% compounded monthly ( j12). 5% compounded quarterly (j4). 5% compounded semi-annually (j2). 5% compounded annually

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