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antiseptic1488 [7]
2 years ago
9

Consider two investment opportunities, Investment A and Investment B. Investment A pays interest at the rate of 12% per year, co

mpounded monthly. Investment B pays interest at the rate of 11.5% per year, compounded daily. Which investment provides the better return
Business
1 answer:
horrorfan [7]2 years ago
6 0

Answer:

Investment B

Explanation:

This is because it pays it interests daily onlike A which pays it monthly

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