Business, 09.11.2019 05:31 Aliciaonfleek

You are torn between two saving accounts where to put your $1,500 in scholarship money for a year until you need it for next year’s tuition. one is in bank wan and the other in c-t bank. bank wan is offering a 2.5% nominal rate, with daily compounding of interest, and c-t bank offers 3.0% with semi-annual compounding. which one would you choose?

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