Which of the following provides the greatest annual return? a) 16% compounded quarterly b) 16% compounded annually

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Which of the following provides the greatest annual return?

a) 16% compounded quarterly

b) 16% compounded annually

c) 15% compounded continuously

d) all of the above are equal

e) 15.2% compounded daily

Related Book For answer-question

Discrete Mathematics and Its Applications

ISBN: 978-0073383095

7th edition

Authors: Kenneth H. Rosen

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Posted Date: Sep 28, 2023 06:55 AM

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Which of the following provides the greatest annual return? a) 16% compounded quarterly b) 16% compounded annually

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To determine which option provides the greatest annual return we can c... View the full answer

Discrete Mathematics and Its Applications

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