Mathematics, 22.10.2020 18:01 bryanawesome23
Alexandra is comparing three investment accounts offering different rates.
Option A: APR of 1.95% compounding monthly
Option B: APR of 1.99% compounding quarterly
Option C: APR of 1.925% compounding daily
She would like to earn at least a 2% annual yield. Which account(s) will give Alexandra the yield she wants? (3 points)
a
Options A and B only
b
Option B only
c
Options A and C only
d
Option C only
Answers: 1
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Alexandra is comparing three investment accounts offering different rates.
Option A: APR of 1.95% c...
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