mula iv. What is the annual growth factor for this account? Interpret the annual growth factor in the Use the annual growth factor computed in part (iv) to determine the actual percentage change of the account over a 1-your time period. This percentage is often referenced as the annual context of this problem. percentage yield (APY). c. The third account advertises 18% APR compounded daily". This means that interest is added 365 times per year (every day). i. What is the interest rate per compounding period? ii. Complete the following table. 8% Compounded Daily number of years since investment was made value of the investment in dollars) 0 1 2 4 iii. What is the daily growth factor for this account? iv. What is the annual growth factor for this account? Interpret the annual growth factor in the context of this problem. v. Use the annual growth factor computed in part (iv) to determine the annual percentage yield (APY). d. Which of the three accounts would you chose for your investment? Justify your answer. mula iv. What is the annual growth factor for this account? Interpret the annual growth factor in the Use the annual growth factor computed in part (iv) to determine the actual percentage change of the account over a 1-your time period. This percentage is often referenced as the annual context of this problem. percentage yield (APY). c. The third account advertises 18% APR compounded daily". This means that interest is added 365 times per year (every day). i. What is the interest rate per compounding period? ii. Complete the following table. 8% Compounded Daily number of years since investment was made value of the investment in dollars) 0 1 2 4 iii. What is the daily growth factor for this account? iv. What is the annual growth factor for this account? Interpret the annual growth factor in the context of this problem. v. Use the annual growth factor computed in part (iv) to determine the annual percentage yield (APY). d. Which of the three accounts would you chose for your investment? Justify your