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Tom has extra money to invest of $13,500, which will sit for a five years period. He has been presented with two opportunities. Option 1:

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Tom has extra money to invest of $13,500, which will sit for a five years period. He has been presented with two opportunities. Option 1: An investment that pays 11.11% compounding every three months. Option 2: An investment that pays 11.12% compounded every six months. Which of the options should he select

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