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Which do youprefer: a bank account that pays 4 % per year(EAR) for three yearsor: a. An account that pays 2 % every six months

Which do youprefer: a bank account that pays 4 % per year(EAR) for three yearsor:

a. An account that pays 2 %every six months for threeyears?

b. An account that pays 6 % every 18 months for threeyears?

c. An account that pays 0.4% per month for threeyears?

(Round to five decimalplaces)

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