Which do you prefer: a bank account that pays 5.9% per year(EAR) for three years or:a) An account that pays 2.9% every six months for threeyears?b) An account that pays 7.8% every 18 months for th Which do you prefer: a bank account that pays \( 5.9 \% \) per year (EAR) for three years or a. An account that pays \( 2.9 \% \) every six months for three years? b. An account that pays \( 7.8 \% \) 2 answers