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You are taking a short-term loan. Bank A offers 4.3% per annum monthly compounded, Bank B offers 4.4% per annum quarterly compounded, and Bank C

You are taking a short-term loan. Bank A offers 4.3% per annum monthly compounded, Bank B offers 4.4% per annum quarterly compounded, and Bank C offers 4.2% per annum annually compounded. Which one do you take and why?

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