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Lada Lada
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Posts: 357
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6 years ago
Which is the most attractive of the following interest rates offered on a savings account?
A)  2.7% compounded annually
B) 2.68% compounded semiannually
C) 2.66% compounded quarterly
D) 2.64% compounded monthly
E) All of them offer the same effective rate.
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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josanjosan
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6 years ago
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3 years ago
thanks
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3 years ago
Thank you
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