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11 Vall receives a $285000 superannuation payment when she retires. She finds the following investment rates are offered: Bank 1 : 6% pa. compounded quarterly

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11 Vall receives a $285000 superannuation payment when she retires. She finds the following investment rates are offered: Bank 1 : 6% pa. compounded quarterly Bank B 54% p.a compounded monthly Compare the interest that would be received from these banks over a ten year period. In which bunk should Val deposit her superannuation

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