Suppose that you invest $1 for 1 year at 18% compounded monthly.How mu – McqOptions

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1.	Suppose that you invest $1 for 1 year at 18% compounded monthly.How much interest would you earn?
A.	19.56 % compounded annu
B.	18.56 % compounded a
C.	20.56 % compounded annually
Answer» B. 18.56 % compounded a

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