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Annual Compounding	Daily Compounding
$1,000 @ 5% compounded annually $1,000.00 at the end of the first day	$1,000 @ 5% compounded daily $1,000.14 at the end of the first day On the second day sold the dividends earned and compound the total amount $1,000.14 @ 5% daily
$1,050.00 (End of Year 1)	$1,051.27 (End of Year 1)

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