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Eulie Group Title

Please Help!!! : 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? Options A and B only Option B only Options A and C only Option C only

  • 2 years ago
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  1. Eulie Group Title
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    can someone walk me through the steps pls

    • 2 years ago
  2. Eulie Group Title
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    anyone?

    • 2 years ago
  3. tkhunny Group Title
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    Option A: APR of 1.95% compounding monthly (1 + 0.0195/12)^12 - 1 Option B: APR of 1.99% compounding quarterly (1 + 0.0199/4)^4 - 1 Option C: APR of 1.925% compounding daily (1 + 0.01925/365)^365 - 1 There is only one step for each.

    • 2 years ago
  4. Eulie Group Title
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    the answer is b.... correct?

    • 2 years ago
  5. tkhunny Group Title
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    You tell me. What were your results?

    • 2 years ago
  6. Eulie Group Title
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    im so confused

    • 2 years ago
  7. mikala1 Group Title
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    yes b

    • 2 years ago
  8. Eulie Group Title
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    thnx so much @mikala1

    • 2 years ago
  9. mikala1 Group Title
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    welcome

    • 2 years ago
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