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and explain why 4. Which of the following accounts should you choose? Account A: annual effective rate of 5.2% Account B: effective monthly rate of

and explain why

4. Which of the following accounts should you choose? Account A: annual effective rate of 5.2% Account B: effective monthly rate of .44% Account C: nominal monthly rate of .4% Account D:force of interest .0516 Account O: nominal discount rate of 5.1%, compounded quarterly Account E: annual discount rate of 5% DO

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