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Mathematics, 22.06.2019 04:10 firdausmohammed80

Which account has the highest effective annual interest rate? not necessary but show how you got your answer. a. account 1: interest is compounded quarterly at an annual rate of 4.20%.b. account 2: interest is compounded monthly at an annual rate of 4.15%.c. account 3: interest is compounded semiannually at an annual rate of 4.10%d. account 4: interest is compounded annually at a rate of 4.25%.

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