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Luisa Hernandez wants to invest $20,000. Which 4-year investment is the best deal? a) Compounded daily at 3.5% or compounded monthly at 3.75% b)

Luisa Hernandez wants to invest $20,000. Which 4-year investment is the best deal? a) Compounded daily at

Luisa Hernandez wants to invest $20,000. Which 4-year investment is the best deal? a) Compounded daily at 3.5% or compounded monthly at 3.75% b) Compounded quarterly at 4.5% or compounded monthly at 4.25%

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