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Which option should she choose and why

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Question - Harriet just inherited $50,000,000. She knows nothing about money management and has decided to educate herself in that area before making any major decisions. She has a short-term investment for that period. She has the choice between two investments:

Investment A: at 6.5% compounded daily

Investment B: at 7% compounded semi-annually

Which option should she choose and why?

Reference no: EM133183074

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