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Your best friend knowing that you have just started your studies in business and you are up to widen your financial knowledge as well asks

Your best friend knowing that you have just started your studies in business and you are up to widen your financial knowledge as well asks you for some investment help.

Your friend is facing 2 offers from different banks.

Bag Bank Plc offers a rate of 3 per cent terminally (each 6 months) and Small Bank Plc offers a rate of 0.6 per cent monthly.

Give advice to you best friend!

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