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Question One 5.3 You want to deposit your money and you get two offers from two different banks. Bank A offers you a 5% interest
Question One 5.3 You want to deposit your money and you get two offers from two different banks. Bank A offers you a 5\% interest compounded quarterly, whereas bank B offers you a 6% interest compounded semi annually. Everything else held constant, in which bank would you prefer to deposit your funds
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