EAFM2 F 2 032 ank advertises a nominal rate of 6 41 compounded semiannually A...

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EAFM2 F 2 032 ank advertises a nominal rate of 6 41 compounded semiannually A second bank advertises a nominal rate of 6 37 compounded daily What are the effective yields Round your ans two decimal places first bank 0 07 second bank 6 54 X X In which bank would you deposit your money O first bank Osecond bank Oddill MY NOTES ASK YOUR TEACHER PRACTICE A

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