Rank the Following Interest Rates in the Order in Which

question 66

Multiple Choice

Rank the following interest rates in the order in which they would give the highest to lowest amount of interest on an investment:
a. j₂ = 15.25%
b. j₄ = 15.1%
c. j₁₂ = 14.85%

• A)a > b > c
• B)c > a > b
• C)c > b > a
• D)b > c > a

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