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Anonymous bio_man
wrote...
6 hours ago


Could you please help me with this one? Three banks X, Y and 2, each offers a different effective interest rate on its saving account. (Hint: Assume 1 year to be 366 days). Bank Nominal Interest Rate Compounding Period X 8.25% compounded daily Y 825% compounded Monthly Z 8.30% compounded Quarterly
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Anonymous Author
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2 hours ago Edited: 2 hours ago



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