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Mastura wishes to invest RM8,000 in a fixed deposit account for one year. She has two options: Maybank which offers 3.35% interest compounded annually. CIMB

Mastura wishes to invest RM8,000 in a fixed deposit account for one year. She has two options: Maybank which offers 3.35% interest compounded annually. CIMB Bank which offers 3.3% interest compounded semi-annually. Which bank should Allan choose? Give your reason.

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