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5. Suppose you have $5,432 to deposit in a bank account. Which of the following rates would you choose? CIRCLE ONE hint: find APR!! 6

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5. Suppose you have $5,432 to deposit in a bank account. Which of the following rates would you choose? CIRCLE ONE hint: find APR!! 6 POINTS A: 7% with annual compounding B: 6.85% with quarterly compounding C: 6.7% with monthly compounding Write a simple explanation of your

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