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The bank of Montreal is offering a new high-interest saving account that pays an interest rate 10 % compounded daily. Will your money earn more
The bank of Montreal is offering a new high-interest saving account that pays an interest rate 10 % compounded daily. Will your money earn more in this account than an account that pays nominal 12 % interest rate, compounded continuously? in the answer choices, select: 1 as YES 2 as NO . 3 as No Difference 3 0 1 O 2 TechWorld purchased $1500 worth of printing equipment. If the printers are expected to last 9 years, what will the equivalent uniform annual cost (EUAC) be for the equipment, considering an interest rate of 7% and future salvage value of 1/5 of the purchased price after 9 years? O $ 320.30 O $ 172.67 O $ 230.23 O $ 205.18 O None of the given answers
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