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7. You win $5000 with a lottery ticket you picked up off the sidewalk. You want to know which bank to put your winnings in

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7. You win $5000 with a lottery ticket you picked up off the sidewalk. You want to know which bank to put your winnings in for the next 4 years to be able to go on a vacation. You have a choice of putting your money in the following banks: Bank R offers 3.750% per year compounded quarterly. Bank S offers 3.740% per year compounded monthly. Bank T offers 3.735% per year compounded bi-weekly. a. Use an appropriately set up table to calculate the effective interest rate, and the future value, using the formulae. Use 4 decimal places on your effective interest rates here

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