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Mathematics, 18.03.2021 15:30 Crxymia

A $1000 deposit is put into a savings account. Which of the following compounding frequencies will ensure highest interest earned in 10 years?

A. Annually

B. Monthly

C. Quarterly

D. Semiannually

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Answers: 1

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A $1000 deposit is put into a savings account. Which of the following compounding frequencies will...
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