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Mathematics, 10.11.2021 20:30 mariela78

You want to invest your money in an interest bearing account. One account earns 5% interest compounded twice annually and another account that earns 5% simple interest. Compare options and analyze which (if any) option is better. Explain how you arrived at your answer. Use numbers and calculations to provide evidence for your response.

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You want to invest your money in an interest bearing account. One account earns 5% interest compound...

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