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assuming you are looking to deposit 10,000 dollars in a saving account, below are different rates each bank offered, which one would you deposit your
assuming you are looking to deposit 10,000 dollars in a saving account, below are different rates each bank offered, which one would you deposit your money at?
a) 11.9% compounding daily
b) 12.3% compounding yearly
c) 12.2% compounding quarterly
d) 12% compounding monthly
e) 11.8% compounding continuously
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