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There are Bank A and Bank B. Bank A offers semi-annually compounding savings; while Bank B offers quarterly compounding savings. Given that the APR of

There are Bank A and Bank B. Bank A offers semi-annually compounding savings; while Bank B offers quarterly compounding savings. Given that the APR of Bank A is 10%, what should be the APR of Bank B such that customers are indifferent to saving money into either bank?

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