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Mathematics 14 Online
OpenStudy (anonymous):

A $1000 deposit is put into a savings account. Which of the following compounding frequencies will ensure highest interest earned in 5 years? A. Semiannually B. Monthly C. Quarterly D. Annually

OpenStudy (anonymous):

what are the answer choices

OpenStudy (anonymous):

Monthly. The more money added, the more there is to earn interest on.

OpenStudy (anonymous):

annually

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