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    Determine the Better Investment: 4% Compounded Monthly or 4
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Determine the Better Investment: 4% Compounded Monthly or 4

Question 33

Question 33

Multiple Choice

Determine the better investment: 4% compounded monthly or 4.2% compounded semiannually


A) 4.2% compounded semiannually
B) 4%, compounded monthly

Correct Answer:

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