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(Chapter 5) You want to borrow money. Bank A has an interest rate of 6%, compounded annually, Bank B has rate of 5.9% compounded semi-annually,

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(Chapter 5) You want to borrow money. Bank A has an interest rate of 6%, compounded annually, Bank B has rate of 5.9% compounded semi-annually, Bank C has a rate of 5.8%, compounded monthly, Bank D has a rate of 5.7% compounded weekly, and Bank E has a rate of 5.6% compounded daily. Which bank will you borrow from? Bank A Bank B Bank C Bank D Bank E

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