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Then Higher rale is being offered by (Round to six decinal places.) esc for or b. an account that pays 6.9% every 18 months for

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Then Higher rale is being offered by (Round to six decinal places.) esc for or b. an account that pays 6.9% every 18 months for 3 years? c. an account that pays 0.75% per month for 3 years? (Nole: Compare your curront bank EAR with each of the three altemative accounts. Bo careful not to round any infermediate steps less than six decimal places.) If you deposit S1 inio a bank account that pays 5.8% per year for three years, the amount you will recetve after three years is $ (Round to five decimal places.) a. An account that pays 2.3% every .31 months for 3 years? If you dennein es into a bank account that pays 2.3% every six months for three years, the amount you will receive is (Round to five decimal places.) Which bank account would you prefer? (1) (Select from the drop-down menu.) b. An account that pays 6.9% every 18 months for 3 years? If you deposit st into a bank account that pays 6.9% every 18 months for three years, the amount you will receive is (Round to five decimal places.) Which bank account would you prefer? (2) (Select from the drop-down menu.) c. An account that pays 0.75% per month for 3 years? If you deposit $1 into a bank account that pays 0.75% per month for three years, the amount you will receive is (Round to five decimal places.) Which bank account would you prefer? (3) (Select from the drop-down menu.) (1) 5.8% per year for three years 2.3% every six months for three years (2) 6.9% overy 18 months for three yoars 5.8% per year for three years 3) 0.75% overy month for three years

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