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ABC Bank offers three different savings accounts to an investor: i) Account X yields 8.9% per annum convertible monthly. ii) Account Y yields 9.2% per

ABC Bank offers three different savings accounts to an investor:

i) Account X yields 8.9% per annum convertible monthly.

ii) Account Y yields 9.2% per annum convertible quarterly.

iii) Account Z yields 8.8% per annum convertible daily.

Assume one year equals 365 days. If a deposit is made and accumulates for two years, which statement below is true?

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