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Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest? AAnnual Compounding BSemi-Annual Compounding CMonthly Compounding
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Dec 15, 2018
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Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest?
AAnnual Compounding
BSemi-Annual Compounding
CMonthly Compounding
DDaily Compounding
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Egor Litvinchuk
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C. Monthly Compounding
Natasha Dutta
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Dec 18, 2018
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C) monthly compunding
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Dec 19, 2018
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