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Title: If interest rates are 5%, which of the following will produce the largest amount of money in four ...
Post by: tetleyelmo on Jan 13, 2017
If interest rates are 5%, which of the following will produce the largest amount of money in four years?
A) $500 earning simple interest   
B) $400 with interest compounded annually   
C) $300 with interest compounded semiannually   
D) $100 with interest compounded quarterly   
E) $25 with interest compounded monthly


Title: Re: If interest rates are 5%, which of the following will produce the largest amount of money in ...
Post by: Blimp on Jan 17, 2017
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