Short Answer
INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
You are planning to deposit $5,000 in a bank. At the end of one year, you will have more money in this account if interest is compounded [ semiannually | quarterly ].
Correct Answer:
Verified
Correct Answer:
Verified
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