Multiple Choice
Which set of payments is the most valuable given 12% APR interest?
A) $100.00 received monthly for the next 12 months
B) $300.00 received quarterly for the next four quarters
C) $600.00 received semi-annually for the next two semi-annual periods
D) $1,200.00 received one year from today
Correct Answer:
Verified
Correct Answer:
Verified
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