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solve please Immediately after assuming his new position, Gary found himself facing several decisions. First, Gary had to select a bank or banks to meet

solve please
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Immediately after assuming his new position, Gary found himself facing several decisions. First, Gary had to select a bank or banks to meet the financial needs of Gulf Shores. He has approached two local banks-Sun Trust and BankSouth-about the interest rates they offer on a savings account and a certificate of deposit (CD) as well as the rate charged on a term loan. Sun Trust and BankSouth offer the same interest rate on each financial product and only differ in the frequency of compounding (exhibit 12.1). Case 12: Gulf Shores Surgery Centers

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