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ami plans to open a saving account in Amman City. The 4 banks offers the following rates: - Bank (1) offers 3% per annum compounded
ami plans to open a saving account in Amman City. The 4 banks offers the following rates:
- Bank (1) offers 3% per annum compounded semi-annually
-Bank (2) offers 3% per annum compounded monthly
-Bank (3) offers 3% per annum compounded daily
- Bank (4) offers 3% per annum compounded quarterly
If you were Sami, which bank will offer you the best plan?
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