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Business, 24.10.2019 17:43 sky81428

Assume julian has a choice between two deposit accounts. account a has an annual percentage rate of 7.55 percent but with interest compounded monthly. account b has an annual percentage rate of 7.45 percent with interest compounded continuously. which account provides the highest effective annual return? a. account a b. account b c. both provide the same effective annual return. d. we don't have sufficient information to make a choice.

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