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You request a loan from four different banks. Bank A demands 15% interest compound annually. Bank B demands 15% interest compound semi-annually. Bank C demands
You request a loan from four different banks. Bank A demands 15% interest compound annually. Bank B demands 15% interest compound semi-annually. Bank C demands 15% compound quarterly. Bank D demands 15% compound monthly. Which option would be the most rational? Bank A Bank B Bank C Bank D
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