Both a and b

QUESTION 6: (10 MARKS) Thuli has just graduated from high school and has received an award of R5 000. She would like to deposit the money in an interest earning account until she graduates from university (4 years Stum now). In her search for the highest interest earning account, she has narrowed the lid down w the following accounts: Bank A pays 8% interest compounded quarterly Bank B pays 9% interest compounded semi-annually You are required to a. Decide which offer is better for Thuli (6) 1). Calculate how much money Thuli will have when she graduates using the information you have chosen in part a) of the question (4)