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Marizza181 [45]

3 years ago

11

Which one of the following compounding periods will yield the lowest effective annual rate given a stated future value at year 5

and an annual percentage rate of 10. percent?
a. Annual.
b. Semi-annual.
c. Monthly.
d. Daily.
e. Continuous.

1 answer:

AlladinOne [14]3 years ago

5 0

The answer is e or continuous

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