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From a simple inspection, it is possible for an investor to rank the four rates of return in each of parts (a) and (b)? If so, state the ranking. Give a brief explanation to justify your answer.
a) 4.0% compounded monthly, 4.1% compounded quarterly, 4.2% compounded semi-annually, 4.3% compounded annually.
b) 4.0% compounded annually, 4.1% compounded semi-annually, 4.2% compounded quarterly, 4.3% compounded monthly.
Offeree
The person or entity to whom an offer is made, particularly in contract law.
Offer
A proposal by one party to another intending to create a legally binding agreement upon acceptance.
Agent
A person or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.
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Seasonal goods are products that are in high demand during specific times of the year, such as holiday decorations, winter clothing, or summer fruits.
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