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Which of the following options results in the largest total amount of money after 5 years? A) Investing $5250 at annual compound interest rate of
Which of the following options results in the largest total amount of money after 5 years?
A) Investing $5250 at annual compound interest rate of 8%, compounded daily
B) Investing $5000 at annual compound interest rate of 9%, compounded monthly
C) Investing $4750 at annual simple interest rate of 10%
D) Investing $4500 at annual simple interest rate of 11%
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