Assume Julian has a choice between two deposit accounts. Account A has an annual percentage rate of 7.55 percent but with interest compounded monthly. Account B has an annual percentage rate of 7.45 percent with interest compounded continuously. Which account provides the highest effective annual return?

Seleccione una:

A.

Account A.

B.

Account B.

C.

Both provide the same effective annual return.

D.

We don't have sufficient information to make a choice.

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