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

Respuesta :

hammie17 hammie17

24-05-2017

It is "A" annual compounding

Answer Link

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