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What is the nature of interest? Mary is considering two investment options for a $5,000 gift she received for graduation. Both investments have 9% annual

What is the nature of interest?

Mary is considering two investment options for a $5,000 gift she received for graduation. Both investments have 9% annual interest rates. One offers quarterly compounding and the other compounds on a semiannual basis. Which investment should she choose and why?

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