luqmanali44
luqmanali44 luqmanali44
  • 23-05-2017
  • Business
contestada

Joy is taking out a car loan which she will pay back with interest. Which option will require her to pay the lowest amount in interest?
A Annual Compounding
B Monthly Compounding
C Daily Compounding
D Semi-Annual Compounding

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hammie17
hammie17 hammie17
  • 24-05-2017
It is "A" annual compounding 

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