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Blake is trying to decide between two investing account plans. Plan A offers a
monthly compounded interest rate of 0.75%, while Plan
B offers 8.5% interest
compounded annually. Which is the better plan? By how much?
F Plan A; 0.07% per month
G Plan A; 7.75% per month
H Plan B; 0.07% per month
J Plan B; 7.75% per month

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