You are comparing two savings accounts. Account A has an APR of 4 . 9 1 percent
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Question:
You are comparing two savings accounts. Account A has an APR of percent and an EAR of percent. Account B has an APR of percent and an EAR of percent. Given this, you should invest in account:
In A because it has the lower APR.
In B because it has the lower EAR.
In A because it has the higher EAR.
In B because it has the higher APR.
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