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joy is taking out a car loan which she will pay back with interest. which of the following will require her to pay the lowest amount in interest? a. daily compounding b.annual compounding c. semi-annual
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joy is taking out a car loan which she will pay back with interest. which of the following will require her to pay the lowest amount in interest? a. daily compounding b.annual compounding c. semi-annual compounding d. monthly compounding

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the answer would be D Mothly compounding as the rate is split over the peroid
User Vasil Dakov
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