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Question 2 (5 points) (E3) Consider the following scenarios: Diana makes a single deposit of $700 into a savings account that pags a simple interest
Question 2 (5 points) (E3) Consider the following scenarios: Diana makes a single deposit of $700 into a savings account that pags a simple interest rate of 6.7%. Denise makes a deposit of $700 every year into a savings account that pays a simple interest rate of 6.5%. Leslie makes a single deposit of $700 into a savings account that pays an annual interest rate of 6.6% compounded monthly. Bao makes a deposit of $700 every 3 months into a savings account that pays an annual interest rate of 6.5% compounded quarterly. Who will have the most money in their savings account after 10 years, assuming no withdrawals were made? Diana Leslie Bao Denise
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