Wants to loan from a certain bank. He asks you for a piece of advice for him to save from the loan. Which of the following will you recommend as his best option? A. 12.35% compounded annually B....


Wants to loan from a certain bank. He asks you for a piece of advice for him to save from the loan. Which of the following will you recommend as his best option?



A. 12.35% compounded annually


B. 11.90% compounded semi-annually


C. 11.70% compounded monthly


D. 12.20% compounded quarterly



Jun 10, 2022
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