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Which do you prefer: a bank account that pays 4 . 6 5 % per year ( EAR ) for 3 years or a .
Which do you prefer: a bank account that pays per year EAR for years or a an account that pays every six months for years? b an account that pays every months for years? c an account that pays per month for years? Note: Compare your current bank EAR with each of the three alternative accounts. Be careful not to round any intermediate steps less than six decimal places. a Which do you prefer: a bank account that pays per year EAR for years or an account that pays every six months for years? If you deposit $ into a bank account that pays per year for years, the amount you will receive after years is $Round to five decimal places.
Which do you prefer: a bank account that pays per year EAR for years or
a an account that pays every six months for years?
b an account that pays every months for years?
c an account that pays per month for years?
Note: Compare your current bank EAR with each of the three alternative accounts. Be careful not to round any intermediate steps less than six decimal places.
a Which do you prefer: a bank account that pays per year EAR for years or an account that pays every six months for years?
If you deposit $ into a bank account that pays per year for years, the amount you will receive after years is $Round to five decimal places.
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