tayhun5812 tayhun5812

15-04-2020
Business

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Which compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent?

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Onidamilolah Onidamilolah

20-04-2020

Answer:

Annual

Explanation:

The ANNUAL compounding periods will yield the lowest effective annual rate given a stated future value at year 5 and an annual percentage rate of 10 percent

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