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Score: 0 of 2 pts HW Score: 556, 5.5 of 10 pts 4 of 5 (5 completey Warm-Up 5-5 (similar to) Question Help Joseph is

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Score: 0 of 2 pts HW Score: 556, 5.5 of 10 pts 4 of 5 (5 completey Warm-Up 5-5 (similar to) Question Help Joseph is a friend of yours. He has plenty of money but ltle financial sense. He received a git of $14,000 for his recent graduation and is looking for a bank in which to deposit the funds. Partners Savings Bank offers an account with an annual interest rate of 4.00 % compounded semiannually, while Selwyn's offers an acoount with a 3.75 % annual interest rate compounded continuously Caloulate the value of the two accounts at the end of one year, and recommend to Joseph which account he should choose. The future value, FV, of the $14,000 deposit with the Partnens Savings Bank is S 14,458.70 (Round to the nearest oent) The future value, FV of the $14,000 deposit with he Partners Savings Bank is $ 14.565.60 (Round to the nearest cant ) The future value, FV of the $14,000 deposit with Pe Selwyn Savings Bank is $ 14,458.68 (Round to the nearest cent) Which bank should Joseph choose? (Select the best answer below) A Partners Savings Bank B Selwyn Savings Bank Question is complete. Tap on the rec indicators to see inoorrect answers

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