Essay
Write the word or phrase that best completes each statement or answers the question.Decide whether the statement makes sense. Explain your reasoning.
-The two accounts were offering the same APR, and both accounts had the same annual
percentage yield, but one account compounded interest monthly while the other
compounded interest quarterly.
Correct Answer:
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No, the statement does not make sense. I...View Answer
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Correct Answer:
Verified
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