Question: Please explain thank you! Report the compounding periods for both the CD and the Saving account. Determine the amount of Interest you Will earn annually.

Please explain thank you!

Report the compounding periods for both the CD and the Saving account. Determine the amount of Interest you Will earn annually. Determine the Annual percentage Yield of the investment Savings Account Interest rate : 1. 2% ( compounded quarterly) CD rates 1.7% ( compounded monthly) Amount Investing: $9,000

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