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BE 5-1 Simple versus compound interest [S LO5-1 You have two investment opportunities. The interest rate for both investments is 8%. Interest on the first

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BE 5-1 Simple versus compound interest [S LO5-1 You have two investment opportunities. The interest rate for both investments is 8%. Interest on the first investment will compound annually, while interest on the second will compound quarterly. Which investment opportunity should you choose? Why

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