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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
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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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