Question

Savings account a and savings account b offer APRs of 4% but savilngs account a compounds interest quarterly while savings account b compounds interest monthly which savings account offers the higher APY (someone pls help me on this question)

Answer 1

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Answer 2

hello pls help me pls

Answer 3

A savings account A because it has more componding periods per year
B savings account b because it has fewer compounding periods per year
C savings account a because it has fewer compounding periods per year
D savings account b because it has more compounding periods per year

Answer 4

hello