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Which do you prefer: a bank account that pays 8% per year (EAR) for three years or a. An account that pays 4% every six

Which do you prefer: a bank account that pays 8% per year (EAR) for three years or

a. An account that pays 4% every six months for three years?

b. An account that pays 12% every 18 months for three years?

c. An account that pays 0.8% per month for three years?

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