kittencatdawg4099 kittencatdawg4099

06-04-2020
Social Studies

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4. With compound interest, the investor earns interest on the principal amount invested plus interest on accumulated interest. Which of the following compounding frequencies would yield the investor the greatest ending balance assuming all else is equal?
A. Daily
B. Monthly
C. Quarterly
D. Annually

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valeria1602mtz valeria1602mtz

06-04-2020

The answer is A) Daily.

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