Question: Please help me with two, three, and four. I already answered the second one but I think it is wrong. Thanks! 2. Brandon opened a

Please help me with two, three, and four. I already answered the second one but I think it is wrong. Thanks!

Please help me with two, three, and four. I already answered the

2. Brandon opened a credit card at a department store with an APR of 14.99% compounded monthly. What is the APY on this credit card? (2 points) 0 1.25% O 29.98% 3. Alexandra is comparing three investment accounts offering different rates. Option A: APR of 1.95% compounding monthly Option B: APR of 1.99% compounding quarterly Option C: APR of 1.925% compounding daily She would like to earn at least a 2% annual yield. Which account(s) will give Alexandra the yield she wants? (3 points) 0 Options A and B only Option B only Options A and C only Option C only 000 4. Part 1: Explain which companies would advertise APY over APR and describe how this would help them attract customers. (4 points) Part 2: Create a unique APR (state how often the rate is compounded) and calculate the corresponding APY. Use a comparison of the two rates to verify your answer to part 1. (4 points)

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