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jekas [21]
3 years ago
12

Which compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percen

tage rate of 10 percent?
Business
1 answer:
emmainna [20.7K]3 years ago
4 0

Answer:

Annual

Explanation:

The ANNUAL 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

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