Which do you prefer: a bank account that pays 5.7% per year (EAR) for three years or a. An account that pays 2.4% every six months for three years? b. An account that pays 8.2% every 18 months for three years? c. An account that pays 0.32% 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 dollar into the bank account that pays 5.7% per year for three year

the amount you will receive after three years is