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18. You are looking at two savings accounts. One pays 5.25%, with quarterly compounding. The...

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Accounting

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18. You are looking at two savings accounts. One pays 5.25%, with quarterly compounding. The other pays 5.30% with semiannual compounding. Which account should you use? 19. If you deposit $300 today, what is the future value of the deposit five years from now with 8% interest compounded quarterly? 20. What is the PV of $100 one year from now with 12% interest compounded monthly

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