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answer both QUESTION 10 Fisi National Bank offen an APR 11.8 per cent compounded monthly on its business deposats Similarty, on qualifying business accounts, First

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QUESTION 10 Fisi National Bank offen an APR 11.8 per cent compounded monthly on its business deposats Similarty, on qualifying business accounts, First United Bank offers a so per cent semi-annual rate. Which account is more edvantagess from a business considering making a deposit at either bank? A. Fint United Bank's loan is the best option because its FAR is 1236 por cent. B. Firs National Blank is the best option because its FAR is 1246 per cent C. Both options are identical from a savy lusiness perspective. D. First United Bank ts the bew opticn because the monthly rate on its busines acxounts is one per cent, which is Larger than First United Bank's monthly tate at 09833 per aent. E. Fint United Bank's loun is the kest option tecause its APR is 11.88 preent. QUESTION 11 From the perspetive of an investor that is secking to mavimize their rrtum over a medium-kerm investment horizon, which one of the following invesment returns vems more advanlageous? A. 7 per cent nominal rate, compounded quartely. B. 5 percent semi-annual rate C. 6 per cent nominal, compounded monthly. D. 5 per oint APR compounded monthly E. 7 percent EAR

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