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3 You are choosing between investments offered by two different banks. One promises a return of 10% for three years using simple interest while the
3 You are choosing between investments offered by two different banks. One promises a return of 10% for three years using simple interest while the other offers a return of 10% for three years using compound interest. You should 00:17:44 Multiple Choice Choose the simple interest option because both have the same basic interest rate. Choose the compound interest option because it provides a higher return
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