Mathematics, 26.10.2019 16:43, thulani2

Bianca has a choice between three savings accounts. savings account a has an apr of 3.9998%, compounded semiannually; savings account b has an apr of 3.9742%, compounded monthly; and savings account c has an apr of 3.9886%, compounded quarterly. bianca wants to choose the savings account with the highest apy. (5 points: part i – 1 point; part ii – 1 point; part iii – 1 point; part iv – 1 point; part v – 1 point) part i: if r is a savings account's apr and n is the number of compounding periods per year, what expression gives the savings account's apy?

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Bianca has a choice between three savings accounts. savings account a has an apr of 3.9998%, compoun...