Mathematics, 16.04.2020 19:50 emilycolley2

Identify the account that has the higher effective rate.

Account X | Account Y
Nominal 3% | 3.3%
interest Rate:

Compounding: Daily | Annually

The account with the higher effective interest rate is: Account y or Account X

Answers: 2

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Identify the account that has the higher effective rate.

Account X | Account Y
Nom...