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Vikki [24]
3 years ago
6

What is the best compounding period through annuity to pay back a debt of $4500 for college through 4 years?and why? Note:compou

nding period such as semiannual and other compounding periods
Mathematics
1 answer:
lesya692 [45]3 years ago
3 0
I believe the correct answer would be a choice where there is less period of paying since the less time to pay it, then the less interest you will have. 
Hope this answers the question. Have a nice day.
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