Question: Which do you prefer: a bank account that pays 5% per year (EAR) for three years or a. an account that pays 2.5% every six

Which do you prefer: a bank account that pays 5% per year (EAR) for three years or

a. an account that pays 2.5% every six months for three years?

b. an account that pays 7.5% every 18 months for three years?

c. an account that pays 0.5% per month for three years?


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