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Business, 17.12.2019 18:31 natbod133

Ben is choosing between two savings accounts. both accounts pay 3% interest. account x pays compound interest. account y pays simple interest. ben should choose account x because

a) the interest would be tax-free.

b) it would pay interest on interest.

c) the interest rate would decrease over time.

d) the interest rate would increase over time.

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Answers: 3

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