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You are offered the following options for repayment of a debt: Option 1: Interest on the debt accrues at 11.7% compounded daily. Option 2. Interest

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You are offered the following options for repayment of a debt: Option 1: Interest on the debt accrues at 11.7% compounded daily. Option 2. Interest on the debt accrues at 11.9% compounded semi-annually For which option will you end up paying more interest? O A. Option 2 OB. Option 1

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