Which of the following savings accounts offers the greater return? Account A: an annual rate of 8.05%

Question:

Which of the following savings accounts offers the greater return?
Account A: an annual rate of 8.05% paid semi-annually
Account B: an annual rate of 7.95% paid monthly

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: