Mathematics
Mathematics, 24.10.2019 08:43, zayyyyy70

Savings account a and savings account b both offer aprs of 4%, but savings
account a compounds interest quarterly, while savings account b compounds
interest monthly. which savings account offers the higher apy?
o a. savings account b, because it has more compounding periods per year
0
o b. savings account a, because it has fewer compounding periods per year
o c. savings account b, because it has fewer compounding periods per year
o d. savings account a, because it has more compounding periods per year

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Answers: 3

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Savings account a and savings account b both offer aprs of 4%, but savings
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