Suppose you were considering depositing money in a savings account at two different banks. each bank will pay 5% interest. however, bank a compounds annually and bank b compounds semiannually. provide a detailed explanation with your investment amount, period of time and your resulting investment. in addition, provide details on how you calculated using excel (with formula) or financial calculator inputs. which bank would you choose and why? be sure to cite your source(s).

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Bank-B is better to invest because it has higher Future value due to higher effective annual interest rate.

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !

d) social security number

let me know if i am correct or not, so i can edit the answer.