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Mathematics 15 Online
OpenStudy (anonymous):

The savings account offering which of these APRs and compounding periods offers the best APY? A. 4.0792% compounded quarterly B. 4.0784% compounded monthly C. 4.0730% compounded daily D. 4.0798% compounded semiannually

OpenStudy (pratyush5):

I haven't calculated, but according to me any interest compounded daily would be pretty large.

OpenStudy (pratyush5):

Do you know what compound interest is ?

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