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Youre given $5000. You want to put it in the bank and make the most amount of interest possible. The bank gives two options: 1.
Youre given $5000. You want to put it in the bank and make the most amount of interest possible. The bank gives two options:
1. 6% APR compounding monthly
2. 5.90% APR compounding weekly
Which account should you place money, and how much will you have in the account after one year?
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