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Ollie Gibson is considering investing $10,000 in a certificate of deposit for 4 years at an annual interest rate 4% compounded daily or 4% compounded monthly. Based on the annual percentage yield,which
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Ollie Gibson is considering investing $10,000 in a certificate of deposit for 4 years at an annual interest rate 4% compounded daily or 4% compounded monthly. Based on the annual percentage yield,which one is one is better investment ?

User Capede
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1 vote

Answer:

swipe up

Explanation:

User Shtuper
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4 votes

Answer: annual interest rate 4%

Explanation:

User Oktalist
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