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Which do you prefer: a bank account that pays 8% per year (EAR) for three years or a. An account that pays 4% every six months for three years? b. An account that pays 12% every 18 months for three years?

Which do you prefer: a bank account that pays per year (EAR) for three years or

a. An account that pays every six months for three years?                             

b. An account that pays every 18 months for three years?                      

c. An account that pays per month for three years?

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answered by: Andrew San Andres
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Which do you prefer: a bank account that pays 8% per year (EAR) for three years or a. An account that pays 4% every six months for three years? b. An account that pays 12% every 18 months for three years?
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