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An investor is considering two investment options. Option A offers a 4 % annual compound interest rate, and Option B offers a 3 . 7
An investor is considering two investment options. Option A offers a annual compound
interest rate, and Option B offers a annual compound interest rate with interest
compounded quarterly.
If the investor plans to invest $ for years, which option gains the most interest?
How much more interest does the better option gain? round to the nearest cent $
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