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"You have three choices in placing your $18,000 in a bank account today for 8 years....

"You have three choices in placing your $18,000 in a bank account today for 8 years.

Bank A pays 5.3% compounded annually.

Bank B pays 4.62% compounded quatarly.

Bank C pays 5.05% compounded continuously.

Enter the amount of money that the best option would return after 8 years. There is no inflation."

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