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You are trying to choose one of the following bank CDs to deposit $20,000. Which will have the highest future value (so you should pick)
You are trying to choose one of the following bank CDs to deposit $20,000. Which will have the highest future value (so you should pick) if you plan to invest for five years? 3.25% compounded monthly 3.75% compounded annually 3.40% compounded quarterly 3.60% compounded weekly (assume 52 weeks) 3.50% compounded daily
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