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lecture_5 (dragged) 2 - The latter bank gives a better...

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MA 36600 LECTURE NOTES: FRIDAY, JANUARY 23 3 m S ( t + 1) S ( t ) = ° 1+ 0 . 08 m ± m 4 1.08243 365 1.08328 1.08329 Hence if the original investment was $1000 you would earn $82.43 from Bank A and $83.28 from Bank B.
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