Question: You just received a $ 1 0 0 , 0 0 0 bonus from your job. You would like to save it towards a down

You just received a $100,000 bonus from your job. You would like to save it towards a down payment an your house for
5 years. Currently there are two savings accounts that you are considering to put your savings in:
Account A pays interest semi-annually while account B pays interest monthly,
If both accounts have the same elfective annual rate [EAR] of interest, you should choose
account A because you will pay less in taxes
acroum because it has a higher APR
either ane of the accounts. since you would be indifferent between the two
account A hecause it has a higher APR
account B because it is compounded mone often
You just received a $100,000 bonus from your job. You would

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