Ask Question
25 August, 00:14

Savings account A and savings account B both offer APRs of 6%, but savings account A compounds interest quarterly, while savings account B compounds interest semiannually. Which savings account offers the higher APY?

+4
Answers (1)
  1. 25 August, 01:17
    0
    Savings account B, because it has more compounding periods per year. - apex; )
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Savings account A and savings account B both offer APRs of 6%, but savings account A compounds interest quarterly, while savings account B ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers