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OpenStudy (faf3):
Al wants to invest $50,000. His options are either to invest his money into an account paying 1.75% a.p.r. compounded quarterly for 3 years or he can put his money into an account paying 1.7% a.p.r. compounded continuously for 3 years. Which option should he choose? How much extra money would reproduced in the more profitable account?
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