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Bank A is offering an investment paying 6 . 0 9 % compounded annually while Bank B is offering a similar investment, paying 5 .
Bank A is offering an investment paying compounded annually while Bank B is offering a similar investment, paying compounded daily. Which bank provides you with a better investment return, assuming both banks are just as reliable and creditworthy.My Courses O a Bank CO b Bank A Both banks provide the same yield dNone of the choices is correct.e bank b
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