Question: Finance.set.1: Problem 8 Previous Problem Problem List Next Problem (1 point) In general, which rate yields the larger amount in one year? (A) 8% compounded

 Finance.set.1: Problem 8 Previous Problem Problem List Next Problem (1 point)

Finance.set.1: Problem 8 Previous Problem Problem List Next Problem (1 point) In general, which rate yields the larger amount in one year? (A) 8% compounded quarterly (B) 7.82% compounded monthly Input A or Bor same here: same indicates the rates yield the same amount after one year

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