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You are planning to save your money at a commercial bank for a year time. HSBC is offering 11.6% compounded semi-annually and bank is offering

You are planning to save your money at a commercial bank for a year time. HSBC is offering 11.6% compounded semi-annually and bank is offering 11% monthly compounded deposits. Which bank should you prefer? Select one: a.neither b.Isbank c.both of them d.HSBC

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