Which account has the highest annual interest rate?
a.
account 1: interest is c...
Mathematics, 15.11.2019 20:31 jakobquittner
Which account has the highest annual interest rate?
a.
account 1: interest is compounded daily at a rate of 5.25%.
b.
account 2: interest is compounded monthly at a rate of 5.40%.
c.
account 3: interest is compounded quarterly at a rate of 5.50%.
d.
account 4: interest is compounded annually at a rate of 5.55%.
Answers: 3
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