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    valerie8706's Avatar
    valerie8706 Posts: 3, Reputation: 1
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    #1

    May 1, 2013, 08:03 AM
    Two banks are offering
    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?
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    May 1, 2013, 09:26 AM
    They are both guaranteed. How does "intrepid" (fearless/adventurous) enter into this with guaranteed rates?
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