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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
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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

User Pqnet
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The answer is A) Daily.
User Waleed Alrashed
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