You are offered investments that pay nominal rates of 5.96%, 5.94%, and 5.92% with respective compounding...

You are offered investments that pay nominal rates of 5.96%, 5.94%, and 5.92% with respective compounding periods of quarterly, monthly, and continuously. Find the effective rate for each investment, expressed as a percentage accurate to three decimal places. Then state which investment is best

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jeff jeffy answered 2 years ago

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