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You have $1000 to invest today. You plan to invest for 4 years. Which will give you more money: 15% APR compounded daily or 16%

  1. You have $1000 to invest today. You plan to invest for 4 years. Which will give you more money: 15% APR compounded daily or 16% compounded annually?

    a.

    Cannot determine with the available information.
    b.

    16% compounded annually
    c.

    Both investments will be worth the same amount of money.
    d.

    15% APR compounded daily

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