Mathematics, 28.06.2019 06:00 southchrista3
Which account has the highest effective annual interest rate? not necessary but show how you got your answer. a. account 1: interest is compounded quarterly at an annual rate of 4.20%.b. account 2: interest is compounded monthly at an annual rate of 4.15%.c. account 3: interest is compounded semiannually at an annual rate of 4.10%d. account 4: interest is compounded annually at a rate of 4.25%.
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Which account has the highest effective annual interest rate? not necessary but show how you got y...
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