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Consider these rates: Bank A offers 2.9%, compounded monthly. Bank B offers 3.4%, compounded semi-annually. Determine the Rate of Return for both these investments if
Consider these rates:
Bank A offers 2.9%, compounded monthly.
Bank B offers 3.4%, compounded semi-annually.
Determine the Rate of Return for both these investments if you were to invest $1000 for 1 year. Which has the best Rate of Return
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