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Which of the compound interest rates is the lowest

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Reference no: EM132773135

Problem 1: Which of the following compound interest rates is the lowest?

Select one:

a. 0.115% per week effective

b. 5% p.a. compounded monthly

c. 0.234% per fortnight effective

d. 6.01% p.a. compounded daily

Reference no: EM132773135

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