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show all work please 3. Discount Rate and Number of Time Periods (20 points) You are deciding between two savings accounts. You can earn 1%

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3. Discount Rate and Number of Time Periods (20 points) You are deciding between two savings accounts. You can earn 1% per month with Bank A or you can earn 3% per quarter with Bank B if you invest today. What is the APR for each account? What is the EAR for each account? Which bank should you chose

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