You have $800 that you would like to invest. You have 2 choices: Savings account A which earns 7.9% compounded monthly, or savings account B which earns 8% semiannually. Which would you choose and why?

	1.	A because it has a higher effective annual rate.
	2.	A because it has a higher quoted rate.
	3.	B because it has a higher effective annual rate.
	4.	B because the future value in one year is lower.
	5.	B because it has the higher quoted rate.