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A. Harriet just inherited $50,000,000. She knows nothing about money management and has decided to educate herself in that area before making any major decisions.

A. Harriet just inherited $50,000,000. She knows nothing about money management and has decided to educate herself in that area before making any major decisions. She has a short-term investment for that period. She has the choice between two investments:

Investment A: at 6.5% compounded daily Investment

B: at 7% compounded semi-annually

i. Which option should she choose and why?

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