Ants Keep the heat 1/2 13. Problem 5.27(effective Versus Nominal Interest Rates) 12 ebook Tank As terest compounced analyon pouts, while tenu compounded a. Based on the EAR Cor which bank should you se 1. You would choose Bank A becauses EAR Niger, II. You would choose Bank because its BARigher III. you would choose Bank A because its nominal interest rate is higher 1. You would choose Bank because its nominal interest rate is higher You are indifferent between the banks and your decision will be based upon which one offers you a foreign M Could your choice of bank De influenced by the fact that you might want to withdraw your fond during the years topoed to at the end of the year? Almatut your hunt must be left on deput during an entire compounding pero inorder to receive an interest 1. If lunes must be on deposit the end of the compounding period (I year for Bank and day to Band and in the Nighthat you make withdraw during the year, the Bank A might be preferable I funds must be on depositut the end of the compounding period 1 year for Bank Aday Pows, and you have now during the year, then it preferate If Runds must be left on deposit the end of the compounding period (1 day for an A and 1 year for and out why that you make a withaniwa during the year, then ank might be preferable Tunde ma bele on depositut the end of the compounding period it year for Bank and 1 day for Bank, and there are that you Moses wat during the year, the Bank might be preferable funds must be left on postures the end of the compounding period lay for an Anda for Bank Band you in the pretty that you make a with www during the year, the Bank A might be preferable