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1. Mark is considering two investment options for a $1,800 gift he received. Both investments have 8% annual interest rates. Option 1 Interest is compounded
1. Mark is considering two investment options for a $1,800 gift he received. Both investments have 8% annual interest rates. Option 1 Interest is compounded quarterly Option 2 Interest is compounded on a semiannual basis If invested for 2 years which should he choose? Why
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