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A trust company offers five-year compound-interest GICs paying 9.4% compounded monthly or 9.5% compounded semi-annually. If Maria has $10,000 to invest, a) which rate should

A trust company offers five-year compound-interest GICs paying 9.4% compounded monthly or 9.5% compounded semi-annually. If Maria has $10,000 to invest, a) which rate should she choose? b) how much more interest would she earn at the better rate

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