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4. Bank America offers a stated annual interest rate of 5.0 percent, compounded quarterly, while Bank USA offers a stated annual interest rate of 5.10

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4. Bank America offers a stated annual interest rate of 5.0 percent, compounded quarterly, while Bank USA offers a stated annual interest rate of 5.10 percent, compounded monthly. In whch bank should you deposit your money? 45 POINT) 5- Should you buy an asset that will generate income of $1,000 per year for 10 years? The price of the asset is $7,500 and the annual interest rate is 10 percent. (5 POINT)

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