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23-04-2024
Mathematics

Answered

Which account has the highest annual interest rate?
Account 1: Interest is compounded annually at a rate of 3.28%.
Account 2: Interest is compounded monthly at a rate of 3.25%.
Account 3: Interest is compounded weekly at a rate of 3.10%.
Account 4: Interest is compounded daily at a rate of 3.15%.
Account 5: Interest is compounded quarterly at a rate of 3.25%.

Answer :

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