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"You have three choices in placing your $11,000 in a bank account today for 7 years....

"You have three choices in placing your $11,000 in a bank account today for 7 years.
Bank A pays 5.91% compounded annually.
Bank B pays 5.24% compounded quatarly.
Bank C pays 5.66% compounded continuously.
Enter the amount of money that the best option would return after 7 years. There is no inflation."

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So we will placplace $11000 in bank A for 7 years

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