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A is finding a bank which offers interest rate for deposit over $100,000. A found bank #1 offers 2.95% annual rate compounded daily, bank #2
A is finding a bank which offers interest rate for deposit over $100,000. A found bank #1 offers 2.95% annual rate compounded daily, bank #2 3.01% annual rate compounded quarterly, and bank #3 offers 3.035% APY. A wants to put money in bank #3 Should A goes with bank #3 or should A invest with a different bank?
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