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P5-2 (similar to) A Question Help Periodic interest rates. You have a savings account in which you leave the funds for one year without adding

P5-2 (similar to) A Question Help Periodic interest rates. You have a savings account in which you leave the funds for one year without adding to or withdrawing from the account. Which would you rather have: a daily compounded rate of 0.050%, a weekly compounded rate of 0.355%, a monthly compounded rate of 1.35%, a quarterly compounded rater of 4.25%, a semiannually compounded rate of 9%, or an annually compounded rate of 18%

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