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Determine the effective annual yield for each investment. Then select the better investment. Assume 360 days in a year. A. 9% compounded monthly B. 9.25% compounded annually
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Determine the effective annual yield for each investment.

Then select the better investment. Assume 360 days in a year.
A. 9% compounded monthly
B. 9.25% compounded annually

User Upswimsdn
by
6.6k points

1 Answer

7 votes
I think it’s B but don’t at me
User Lakshitha
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