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6. Zenobia is trying to decide whether to put her money in a CD with a 3.5% nominal rate or one with a 3.55% effective

6. Zenobia is trying to decide whether to put her money in a CD with a 3.5% nominal rate or one with a 3.55% effective rate. Assuming monthly compounding, which should she choose?
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6. Zenobia is trying to decide whether to put her money in a CD with a 3.5% nominal rate or one with a 3.55% effective rate. Assuming monthly compounding, which should she choose

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