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5. You are considering the following investments: (a) Bank A promises to pay 8% on your deposit compounded annually. (b) Bank B promises to pay

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5. You are considering the following investments: (a) Bank A promises to pay 8% on your deposit compounded annually. (b) Bank B promises to pay 8% on your deposit compounded daily. (c) Bank C promises to pay 8% on your deposit compounded continuously. How much will you have in ten years if you invested $200 in each of these accounts today

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