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Which do you prefer: a bank account that pays 5 . 2 % per year ( EAR ) for three years or a . An

Which do you prefer: a bank account that pays 5.2% per year (EAR) for three years or
a. An account that pays 2.1% every six months for three years?
b. An account that pays 8.4% every 18 months for three years?
c. An account that pays 0.66% per month for three years?
(Note: Compare your current bank EAR with each of the three alternative accounts. Be careful not to round any intermediate steps less than six decimal places.)
If you deposit $1 into a bank account that pays 5.2% per year for three years:
1. The amount you will receive after three years is $,?(Round to five decimal places.)
a. An account that pays 2.1% every six months for 3 years?
If you deposit $1 into a bank account that pays 2.1% every six months for three years:
The amount you will receive after three years is $?(Round to five decimal places.)
b. An account that pays 8.4% every 18 months for 3 years?
If you deposit $1 into a bank account that pays 8.4% every 18 months for three years:
The amount you will receive after three years is $?(Round to five decimal places.)
c. An account that pays 0.66% per month for three years?
If you deposit $1 into a bank account that pays 0.66% per month for three years
The amount you will receive after three years is $.(Round to five decimal places.)
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