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Bank of America offers a CD that earns an annual interest rate of 5.2% compounded semiannually, and Fifth Third Band offers a similar CD that

image text in transcribed Bank of America offers a CD that earns an annual interest rate of 5.2% compounded semiannually, and Fifth Third Band offers a similar CD that earns an annual interest rate of 5.0% compounded weekly. Which bank's CD will earn more interest in a year? Compare using APY

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