andrewdriscoll1 andrewdriscoll1

22-02-2018
Business

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

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melodywyen melodywyen

30-04-2020

Answer:

monthly, but if it's over 7YEARS, then annually

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PocketSmarties PocketSmarties

26-05-2021

Answer:

Monthly

Explanation:

Ap3x

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