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>> Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is com...
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Q. Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?
a.
Monthly
b.
Bimonthly
c.
Quarterly
d.
Annually
ANSWER: Quarterly
Answer & Explanation
No explanation is available for this question!
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