Question: Please solve true or false as quick as possible! Thank you! Jim is trying to finance a sports car. Bank A is offering 3% per

Please solve true or false as quick as possible! Thank you!

Jim is trying to finance a sports car. Bank A is offering 3% per quarter Bank B is advertising 12% per year compounded monthly. Is the following statement true or false? Bank A's rate is higher Select one: 0 True 0 False

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