A which of the following accounts do you prefer as a, Ask an Expert

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A. Which of the following accounts do you prefer as a saver?

Account 1: 3% APR compounded annually

Account 2: 2.95% APR compounded quarterly

Accoun t3: 2.5% APR compounded daily (360 days)

B. How much will you have saved after 30 years if you deposit $1000 today in account 2?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92709903

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