first drop down:

2.6% every six months for three years or 4.8% per year for three years

second drop down:

6.7% every 18 months for three years or 4.8% per year for three years

third drop down:

0.29% every month for three years or 4.8% per hear for three years

Which do you prefer: a bank account that pays 4.8% per year (EAR) for three years or a. An Bcoount that pays 2.6% every six months for three years? b. An account that pays 6.7% every 18 months for three years? c. An account that pays 0.29% per month for three years? (Note: Compore your cument bank EAR with each of the three altemative accounts. Be careful not to round any infomediate sfeps fess than six decimal places) If you deposit $1 into a bank account that pays 4.8% per year for three years: The amount you will receive after three years is ? (Round to five decimal places.) a. An account that pays 2.6% every tix months for 3 years? If you deposit $1 into a bank account that pays 2.6% every six months for three years: The amount you will recelve after three years is 5 (Round to five decimal places.) Which bank account would you preter? (Solect from the drop-down menu.) b. An account that pays 6.7% every 18 months for 3 years? It you deposit $1 into a bank account that pays 6.7% every 18 months for three years: The amount you will receive after three yoars is $ (Round to five decimal places.) Which bank bccount would you profer? (Select from the drop-down menu.) c. An account that pays 0.29% per month for three yoars? If you deposit 51 into a bank account that pays 0.29% per month for three yoan The amount you will receive after three years is \& (Round to five decimal places.) Which bank account would you proler? (Select from the drop-down menu)