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10 August, 18:08

Ollie Gibson is considering investing $10,000 in a certificate of deposit for 4 years at an annual interest rate 4% compounded daily or 4% compounded monthly. Based on the annual percentage yield, which one is one is better investment?

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  1. 10 August, 19:44
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    Answer: annual interest rate 4%
  2. 10 August, 20:07
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    swipe up
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