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plz help PA 6. Anthony wants to deposit $350 000 in a bank for 5 years. There are two plans for him to choose from.

plz help

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PA 6. Anthony wants to deposit $350 000 in a bank for 5 years. There are two plans for him to choose from. Plan A: Compound interest at an interest rate of 5% p.a, compounded quarterly. Plan B: Simple interest at an interest rate of 7% pa. for the first year. In every subsequent year, compound interest at an interest rate of 4.5% pa., compounded yearly. (a) Find the amount that Anthony will receive after 5 years, correct to the nearest hundred dollars, if he chooses (i) plan A, (ii) plan B. (b) Which plan should Anthony choose to earn more interest? Explain your

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