If you have $1,000 to deposit in a savings account for 1 year, which of the...

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If you have $1,000 to deposit in a savings account for 1 year, which of the following should you choose: 8.75% compounded continuously, 9% compounded quarterly, or 9.5% compounded annually. a) 8.75% compounded continuously b) 9% compounded quarterly c) 9.5% compounded annually d) a and b are equivalent and are best. e) a, b and c are all exactly equivalent. If you have $1,000 to deposit in a savings account for 1 year, which of the following should you choose: 8.75% compounded continuously, 9% compounded quarterly, or 9.5% compounded annually. a) 8.75% compounded continuously b) 9% compounded quarterly c) 9.5% compounded annually d) a and b are equivalent and are best. e) a, b and c are all exactly equivalent. If you have $1,000 to deposit in a savings account for 1 year, which of the following should you choose: 8.75% compounded continuously, 9% compounded quarterly, or 9.5% compounded annually. a) 8.75% compounded continuously b) 9% compounded quarterly c) 9.5% compounded annually d) a and b are equivalent and are best. e) a, b and c are all exactly equivalent. If you have $1,000 to deposit in a savings account for 1 year, which of the following should you choose: 8.75% compounded continuously, 9% compounded quarterly, or 9.5% compounded annually. a) 8.75% compounded continuously b) 9% compounded quarterly c) 9.5% compounded annually d) a and b are equivalent and are best. e) a, b and c are all exactly equivalent. If you have $1,000 to deposit in a savings account for 1 year, which of the following should you choose: 8.75% compounded continuously, 9% compounded quarterly, or 9.5% compounded annually. a) 8.75% compounded continuously b) 9% compounded quarterly c) 9.5% compounded annually d) a and b are equivalent and are best. e) a, b and c are all exactly equivalent. If you have $1,000 to deposit in a savings account for 1 year, which of the following should you choose: 8.75% compounded continuously, 9% compounded quarterly, or 9.5% compounded annually. a) 8.75% compounded continuously b) 9% compounded quarterly c) 9.5% compounded annually d) a and b are equivalent and are best. e) a, b and c are all exactly equivalent.

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