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You are considering an investment with a quoted return of 10% per year. If interest is compounded daily, what is the effective return on this

You are considering an investment with a quoted return of 10% per year. If interest is compounded daily, what is the effective return on this investment? O a. 1.11% O b. 10.00% O C. 10.25% O d. 10.47% O e. 10.52% Clear my choice
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You are considering an investment with a quoted return of 10% per year. If interest is compounded daily, what is the effective return on this investment? a. 1.11% b. 10.00% c. 10.25% d. 10.47% e. 10.52% Clear my choice

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