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If sally invests $100 in Bank A she will get $122 at the end of the year. Bank A compounds its interest monthly. If she
If sally invests $100 in Bank A she will get $122 at the end of the year. Bank A compounds its interest monthly. If she invests $100 in Bank B she will receive the same money in a year as she receives from Bank A. The EAR of Bank B if it compounds its interest daily is
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