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Mathematics, 21.04.2021 16:40 andreamartinez7876

Marcia wants to deposit $ 350,000 in the bank for 1 year. The bank offers you the following options:

Option 1: Savings with a compound interest rate of 3% every six months.

Option 2: Monthly renewable fixed term deposit with an interest rate of 0.5%
(considering 1 month as 30 days)

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Marcia wants to deposit $ 350,000 in the bank for 1 year. The bank offers you the following option...
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