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94. You have $2,500 that you want to use to open a savings account You have found ve different accounts that an acceptable to you.

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94. You have $2,500 that you want to use to open a savings account You have found ve different accounts that an acceptable to you. All you have to do now is determine 1which account you want to use such that you can earn the highest rate of interest possihle. Which account should you use based upon the annual percentage rates quoted by each hank? Account A: 3.35%, compounded annually Account E: 3.T%, compounded monthly Account (3: 3.311%, compounded semiannually Account D: 3.65%, compounded continuously Account E: 3.65%, compounded quarterly A. Account A E. Account B C. Account (1 D. Account D E. Account E

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