Question: Use the table for the question(s) below Consider the following investment alternatives Investment Rate 6.25% 6.10% 6. 125 6.120 Compounding Annual Daily Quarterly Monthly The

Use the table for the question(s) below Consider the following investment

Use the table for the question(s) below Consider the following investment alternatives Investment Rate 6.25% 6.10% 6. 125 6.120 Compounding Annual Daily Quarterly Monthly The highest effective rate of return you could earn on any of these investments is closest to o 631090 6.267% 625090 630090

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