peabrainbrennan peabrainbrennan

28-10-2022
Mathematics

Answered

Interest can be compounded for different time periods, such as monthly or yearly. If you were investing money, would you prefer interest compounded monthly or yearly? If you were borrowing money would you prefer interest compounded monthly or yearly?

A. Monthly for both
B. Yearly for both
C. Yearly for investing ABC monthly for borrowing
D. Monthly for investing and yearly for borrowing

Interest can be compounded for different time periods such as monthly or yearly If you were investing money would you prefer interest compounded monthly or year class=

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