Select the choice that translates the following verbal phrase correctly to algebra:
the difference of m and 7 increased by 15
a) m − (7 + 15)
b) 7m + 15
c) (m − 7) + 15
d) m − 7 ÷ 15

Which account has the highest effective annual interest rate? not necessary but show how you got your answer.a. account 1: interest is compounded quarterly at an annual rate of 4.20%.b. account 2: interest is compounded monthly at an annual rate of 4.15%.c. account 3: interest is compounded semiannually at an annual rate of 4.10%d. account 4: interest is compounded annually at a rate of 4.25%.