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The investor plans to invest 3000 UAH and chooses between two investment options: one-year bond that pays 24% upon maturity or a high-yield money market

The investor plans to invest 3000 UAH and chooses between two investment options: one-year bond that pays 24% upon maturity or a high-yield money market account that pays 2% per month with monthly compounding. Which of the options is more profitable? Confirm with calculations (APY and he amount of earned interest accrued at the end of the period).

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