You have a choice of investing in a financial instrument that either compounds interest on an annual basis or on a quarterly basis.  Which would you choose? Group of answer choices I would prefer simple interest Quarterly compounding I would be indifferent; I would earn the same with either compounding. Annual compounding

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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You have a choice of investing in a financial instrument that either compounds interest on an annual basis or on a quarterly basis.  Which would you choose?
Group of answer choices
I would prefer simple interest
Quarterly compounding
I would be indifferent; I would earn the same with either compounding.
Annual compounding
 
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