Based on the effective interest rates

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UCB pays an annualized 7% interest annually and BoA pays an annualized 6% interest compounded quarterly; based on the effective interest rates, in which bank would you prefer to deposit your savings

Reference no: EM13844094

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Based on the effective interest rates : UCB pays an annualized 7% interest annually and BoA pays an annualized 6% interest compounded quarterly; based on the effective interest rates, in which bank would you prefer to deposit your savings
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