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You are planning to open a savings account after you slipped in a local Walmart. After an arduous legal battle, you were awarded $20,000 as

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You are planning to open a savings account after you slipped in a local Walmart. After an arduous legal battle, you were awarded $20,000 as a legal settlement that you plan to just sit in a savings account until you need it after you finish college in 4 years. The local banks are currently offering a few different (purely fictional savings accounts as follows: a. Wesbanco is offering an account with 9.3% annual interest b. Huntington is offering an account with 9.1% quarterly interest c. PNC is offering an account with 9.05% monthly interest d. Chase is offering an account with 9.0% daily interest (n-365) 1. For each option above, show how much money you would have at the end of the 4-year period AND Decide which account would be the best one to choose. (You must show your work to receive credit)

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