Which do you prefer: a bank account that pays 5% per year (EAR) for three years or
Question:
Which do you prefer: a bank account that pays 5% per year (EAR) for three years or
An account that pays 2½% every six months for three years?
An account that pays 7½% every 18 months for three years?
An account that pays ½% per month for three years?
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