Which annuity earns more interest an annuity due of $300 quarterly for one year at 8 annul interest compounded quarterly, or an annuity due of $600 semiannually for one year at 8 annul interest compounded semiannually ...

Quarterly annuity due 1 year 4 periods per year 4 periods per year 8 annual interest rate 4 pe ...

Which annuity earns more interest: an annuity due of $300 quarterly for one year at 8% annul

Question:

Which earns more interest: an due of $300 quarterly for one year at 8% annul interest compounded quarterly, or an due of $600 semiannually for one year at 8% annul interest compounded semiannually?
Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...