Business

Jadiel Howe

5 July, 15:51

Anne is comparing savings accounts. One account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. Which account will earn more money in interest?

1) the account that earns 1.2 percent compounded yearly

2) the account that earns 1.2 percent compounded monthly

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