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11. You are looking at two savings accounts. One pays 5.25%, with quarterly compounding. The other pays 5.30% with semiannual compounding. Which account should you

11. You are looking at two savings accounts. One pays 5.25%, with quarterly compounding. The other pays 5.30% with semiannual compounding. Which account should you use? Why?

12. If you deposit $300 today, what is the future value of the deposit five years from now with 8% interest compounded quarterly?

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