Question: Moving to another question will save this response Question 500 Questions 5 points You have been invited for a job interview for a financial anal

 Moving to another question will save this response Question 500 Questions

Moving to another question will save this response Question 500 Questions 5 points You have been invited for a job interview for a financial anal position of a leading bank of UAE. During the interview the interviewing are asked you that the bank has option to defeather the nominal percentage rate of the effectivel percentage rate Out of these two whes, which we would you advise the bank to dvertise on a monthly compounded into which rate should the border only compounded savings accounts? Please laborate your arawer from bark as well as customer point of view in both scenarios

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