Which mutual fund has a better rate of return

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Question: RATE COMPARISONS In the last 5 yr, Bendix Mutual Fund grew at the rate of 10.4%/year compounded quarterly. Over the same period, Acme Mutual Fund grew at the rate of 10.6%/year compounded semiannually. Which mutual fund has a better rate of return?

Reference no: EM131556318

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