Question

Which do you prefer: An account that pays 7.3% per year for 5 years An account...

Which do you prefer:

  1. An account that pays 7.3% per year for 5 years
  2. An account that pays 3.6% every 6 months for 5 years
  3. An account that pays 1.8% every quarter for 5 years
  4. An account that pays 0.55% every month for 5 years

A

B

C

D

Homework Answers

Answer #1

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