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National Trust advertises a 1 year certificate of deposit at 4 00 compounded daily with...

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National Trust advertises a 1 year certificate of deposit at 4 00 compounded daily with a minimum deposit of 10 000 First National offers a 1 year certificate of deposit at 4 25 compounded quarterly with no minimum deposit John Culbert has 20 000 to invest a Which bank should he choose b How much more would he earn on his 20 000 by choosing that bank

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