Assume you are considering the following investments. Which fund gives you the best rate of return?...

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Assume you are considering the following investments. Which fund gives you the best rate of return?...

Assume you are considering the following investments. Which fund gives you the best rate of return?

A. has a stated rate of 8.9% with weekly compounding

B. has a stated rate of 9.1% with semi-annual compounding

C. has a stated rate of 8.85% with daily compounding

D. has a stated rate of 9% with monthly compounding

business finance

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Answer 1

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Answer ! - oprim (D) First we have to convert Common nakes in different compounding into converted into annually. 8.7% with w View - x E- Cells 7- ) - Bookl - Microsoft Excel Home Insert Page Layout Formulas Data Review Calibri 11 E BI U AA Paste Alig

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