Question: I have run into an issue, and I need help! can you please show your work. Thank you! k. Five banks offer nominal rates of

I have run into an issue, and I need help! can you please show your work. Thank you!

k. Five banks offer nominal rates of 6% on deposits, but A pays interest annually, B pays semiannually, C pays quarterly, D pays monthly, and E pays daily. Assume 365 days in a year

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