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2 April, 09:09

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. 2 April, 11:35
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    swipe up
  2. 2 April, 11:48
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    Answer: annual interest rate 4%
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