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Chuck is choosing between two investments offered by two banks. One promises an annual return of 8% for 4 years with annual simple interest, while
Chuck is choosing between two investments offered by two banks. One promises an annual return of 8% for 4 years with annual simple interest, while the other offers an annual return of 7% for 4 years with annually-compounded interest. Chuck should choose ________. Question 14 options: A) The simple interest option if Chuck is investing less than $10,000 B) The simple interest option C) It does not matter since
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