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The Continental Bank advertises capital savings at 6.6% compounded while TD Canada Trust offers premium savings at 6.53% compounded. Suppose you have $1000 to invest
The Continental Bank advertises capital savings at 6.6% compounded while TD Canada Trust offers premium savings at 6.53% compounded. Suppose you have $1000 to invest for two years. (a) Which deposit will earn more interest? (b) What is the difference in the amount of interest
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