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first national bank charges 6 % compounded daily on its business loans while First United Bank chatges 6 % compounded quarterly on its business loans.

first national bank charges 6% compounded daily on its business loans while First United Bank chatges 6% compounded quarterly on its business loans. Which bank would you go to for a loan? why?
what does the Dupony equation tell us and why is it used/why is it helpful?

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