Question: please solved as directed 3) Marlene has the option to invest in one of three accounts. All of the accounts offer an annual percentage rate
3) Marlene has the option to invest in one of three accounts. All of the accounts offer an annual percentage rate of 6%. However, Account A compounds interest semi-annually, while Account B compounds interest monthly, but account C does not have this compounding component. a. Calculate the effective annual rate for accounts A&B. b. Which account should she choose to invest in and why
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