Which would you prefer to invest in: a savings account paying 6 percent compounded annually or a

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Which would you prefer to invest in: a savings account paying 6 percent compounded annually or a savings account paying 6 percent compounded daily? Why?
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Contemporary Financial Management

ISBN: 978-1285198842

13th edition

Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao

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