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Would you prefer a savings account that paid 8% interest compounded quarterly, 6.8% compounded monthly, 8% compounded semiannually, 7.2% compounded semiannually, or an account

 

Would you prefer a savings account that paid 8% interest compounded quarterly, 6.8% compounded monthly, 8% compounded semiannually, 7.2% compounded semiannually, or an account that paid 7.5% with annual compounding? a. 8% compounded semiannually Ob. 7.2% compounded semiannually C. 7.5% compounded annually d. 6.8% compounded monthly e. 8% compounded quarterly

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