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Business, 12.03.2020 17:11 Geo777

You have $200,000 to invest for a year and have two choices. Bank A pays 8% annually, compounded annually. Bank B pays 8% annually, compounded quarterly. Which bank should you choose and why?

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You have $200,000 to invest for a year and have two choices. Bank A pays 8% annually, compounded ann...

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