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You plan to put $1,000 in a savings plan and leave it there for 5 years. You can choose between various alternatives. How much will

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You plan to put $1,000 in a savings plan and leave it there for 5 years. You can choose between various alternatives. How much will you have in 5 years under each alternative? a. Bellon Bank is offering 12% slated annual interest rate, compounded once a year. b. WNC Bank is offering 11% stated annual interest 11% stated annual interest rate, compounded monthly. c. Plebian Bank is offering 10% stated annual interest rate, compounded monthly. d. Byfus Bank is offering 11.5% stated annual interest rate, compounded continuously

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