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A saving account offers 5% annual interest rate compounded daily. Quantity A: the account balance after investing $1 per day for one year. Quantity B:
Quantity A: the account balance after investing $1 per day for one year.
Quantity B: the account balance after investing $65 at the end of every month for one year.
A. Quantity A is greater.
B. Quantity B is greater.
C. The two quantities are equal.
D. The relationship cannot be determined from the information given.
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