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Bank A is lending money at 5.35% interest compounded quarterly. The rate at Bank B is 5.4% compounded annually, and the rate at Bank

Bank A is lending money at 5.35% interest compounded quarterly. The rate at Bank B is 5.4% compounded annually, and the rate at Bank C is 5.3% compounded monthly. Which bank will you pay the least interest? Choose the correct answer. O Bank B O Bank C Bank A

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