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Patrick has $2000 to invest. Which of the following options should he choose? (a) 4% compounded annually (b) 3.75% compounded semi-annually (c) 3.5% compounded quarterly

Patrick has $2000 to invest. Which of the following options should he choose? (a) 4% compounded annually (b) 3.75% compounded semi-annually (c) 3.5% compounded quarterly (d) 3.25% compounded monthly

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