The highest effective rate of return you could earn on any of these investments is closest to:
A)6.250%
B)6.267%
C)6.300%
D)6.310%

Name: The highest effective rate of return you could earn on any of these investments is closest to: A)6.250% B)6.267% C)6.300% D)6.310%
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Question

Quizplus · Accepted Answer

The highest effective rate of return among the given options is 6.310%. This is because when comparing rates of return, the highest numerical value represents the highest return, assuming all other factors are equal.

The Highest Effective Rate of Return You Could Earn on Any