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Suppose Samson plans to invest $ 1 , 0 0 0 . He can earn an effective annual rate of 7 % on Security A

Suppose Samson plans to invest $1,000. He can earn an effective annual rate of 7% on Security A, while Security B has an effective semi-annual rate of 6%. Calculate value of investment of A and B. Which investment plan should Samson take and why? (Please show detailed calculations)

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