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Which investment would you choose? Why? AB Nominal Rate9.1%9.0% EAR9.31%9.41% Periodic Rate4.55%0.17% Payment FrequencyTwice a YearWeekly A.B, because its Effective Annual Rate is higher. B.A,

Which investment would you choose? Why?

Nominal Rate9.1%9.0%

EAR9.31%9.41%

Periodic Rate4.55%0.17%

Payment FrequencyTwice a YearWeeklyA.B, because its Effective Annual Rate is higher.

B.A, because it pays interest more frequently.

C.A, because its Nominal Rate is higher.

D.A, because its Periodic Rate is higher.

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