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A bank offers you 4 different type of interest rate package for your investment. Package I, J 4 =8%; Package II, J 12 =7.5%; Package

A bank offers you 4 different type of interest rate package for your investment. Package I, J4 =8%; Package II, J12 =7.5%; Package III, J2 =8.2%; Package IV, J365 =7.2%; which of the above mentioned package gives you the best annual return?

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