Which bank should one choose for a new loan
You want to make a car-loan to buy a new car and you have two choices. Bank A charges 11% compounded monthly on its auto loans. Bank B charges 11% compounded quarterly on its auto loans. Which bank should one choose for a new loan?
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Bank A charges 11% compounded monthly on its auto loans. Bank B charges 11% compounded quarterly on its auto loans. Which bank should one choose for a new loan?
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