Multiple Choice
Rank each interest rate and compounding scheme in order from highest yield to lowest yield.
A) 6.5% compounded semi-annually, 6.5% compounded monthly, 6.5% compounded continuously
B) 6.5% compounded monthly, 6.5% compounded continuously, 6.5% compounded semi-annually
C) 6.5% compounded continuously, 6.5% compounded semi-annually, 6.5% compounded monthly
D) 6.5% compounded continuously, 6.5% compounded monthly, 6.5% compounded semi-annually
E) 6.5% compounded semi-annually, 6.5% compounded continuously, 6.5% compounded monthly
Correct Answer:

Verified
Correct Answer:
Verified
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