Savers should select an institution that calculates interest
A)daily.
B)annually.
C)monthly.
D)quarterly.

Name: Savers should select an institution that calculates interest A)daily. B)annually. C)monthly. D)quarterly.
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Question

Quizplus · Accepted Answer

Savers benefit most from institutions that calculate interest daily because it allows for the interest to compound more frequently, leading to higher overall returns compared to monthly, quarterly, or annual calculations.

Savers Should Select an Institution That Calculates Interest