Your company and a bank agreed to 9% stated rate for a loan with a 10-year maturity. Interest will be paid annually. The bank agreed to allow you to select the compounding frequency for the loan (without any adjustment to the stated rate). To minimize your payments, what compounding frequency should you ask for from the list below?

Monthly Compounding | Capitalizacin mensual

Annual Compounding | Capitalizacin anual

Quarterly Compounding | Capitalizacin trimestral

Continuous | Capitalizacin continua

Semi-Annual Compounding | Capitalizacin Semi anual