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You are deciding between two savings accounts. You can earn 1% per month with Bank A or you can earn 3% per quarter with Bank

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You are deciding between two savings accounts. You can earn 1% per month with Bank A or you can earn 3% per quarter with Bank B if you invest today. 4 What is the APR for each account? * What is the EAR for each account? 4. Which bank should you chose

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