Two banks are offering 10 year cds one bank is offering 5.5% interest per annum compounded weekly and another bank is offering 5.75% interest compounded quarterly. Which is more advantageous to the intrepid investor?
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Two banks are offering 10 year cds one bank is offering 5.5% interest per annum compounded weekly and another bank is offering 5.75% interest compounded quarterly. Which is more advantageous to the intrepid investor?
They are both guaranteed. How does "intrepid" (fearless/adventurous) enter into this with guaranteed rates?
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