A network of web sites providing real time market data

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BanxQuote operates a network of Web sites providing real-time market data from leading financial providers. The following rates for 12-month certificates of deposit were taken from the Web sites:

(A) Stonebridge Bank, 5.40% compounded monthly

(B) DeepGreen Bank, 4.95% compounded daily

Compute the value of $10,000 invested in each account at the end of 1 year.

Reference no: EM131268363

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