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Business, 11.10.2019 17:30 marainafolta
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
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Which one of the following compounding periods will yield the lowest effective annual rate given a s...
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