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Two banks both offer you a car loan. The first bank charges a rate ( in APR ) of 1 7 . 1 2 %

Two banks both offer you a car loan. The first bank charges a rate (in APR ) of 17.12%, the second bank 17.1%. The first bank has monthly compounding,
whereas the second bank is on a daily compounding scheme. Which bank has a better rate? Enter 1 if A is better and 2 if B is better. (assume 365 days in a year)

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