Lovejoalopez Lovejoalopez

04-11-2016
Mathematics

Answered

A $1000 deposit is put into a savings account. Which of the following compounding frequencies will ensure highest interest earned in 5 years?

ASemiannually
BMonthly
CQuarterly
DAnnually

Verified Answer :

smcleod30 smcleod30

24-09-2020

Answer:

The correct answer is monthly . -APEX

Step-by-step explanation:

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PocketSmarties PocketSmarties

26-05-2021

Answer:

Monthly

Explanation:

Ap3x

Answer Link

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