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Jovani needs to borrow $ 9 , 3 0 0 for 3 years. Cornwell Heights National Bank offers him the loan at 7 . 2

Jovani needs to borrow $9,300 for 3 years. Cornwell Heights National Bank offers him the loan at 7.26% compounded daily, and Andalusia National Bank offers him the loan at 7.35% compounded monthly.
(a) How much would he need to pay back at each bank?
He would need to payback Cornwell Heights $ __________________.
He would need to payback Andalusia $ __________________.
(b) Which bank is offering the better deal?

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