### Ronan Asked :

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Q. Other things being equal, would an investor prefer an interest rate of 10.5% compounded monthly or 11% compounded annually for a two-year investment?

A. 1232

B. 1243

C. 1254

D. 1262

Dapzoi

Commented on 2022-03-12

Dapzoi

Commented on 2022-03-12

**Answer**: Option A) 1232

**Explanation**:

FV= PV(1+ i)^n

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