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Ustion 10 You plan to invest some money in a bank account. Which of the following banks provides you with the highest effective rate of

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Ustion 10 You plan to invest some money in a bank account. Which of the following banks provides you with the highest effective rate of interest? Ob Bank 3; 6,0% with annual compounding Bank 5; 6,0% with daily (365-day) compounding Bank 2: 6.0% with monthly compounding, Bank 1:6.1% with annual compounding Bank 4, 6.0% with quarterly compounding d e

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