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OpenStudy (anonymous):
Option A: APR of 1.95% compounding monthly Option B: APR of 1.99% compounding quarterly Option C: APR of 1.925% compounding daily She would like to earn at least a 2% annual yield. Which account(s) will give Alexandra the yield she wants?
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OpenStudy (precal):
None of them are 2%, If I had to choose I would calculate the earnings and then make my choice. I would pick compounding daily if given the option.
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