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Would you prefer a savings account that paid 7% interest compounded quarterly, 7.3% compounded monthly, 7.2% compounded weekly (52 weeks), or an account that paid
Would you prefer a savings account that paid 7% interest compounded quarterly, 7.3% compounded monthly, 7.2% compounded weekly (52 weeks), or an account that paid 7.4% with annual compounding?
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