Examlex
The stated rate of interest is 10%. Which form of compounding will give the highest effective rate of interest?
Social Pressure
The influence exerted by society on individuals to conform to expected norms and behaviors.
Memory
The faculty by which the mind stores and remembers information.
Hearsay
Evidence that is heard by one person and then repeated to another.
Anecdotal Evidence
Evidence based on personal testimonies.
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