You have been putting your loose change in a coffee can for quite a few years, and were recently surprised to realize that you now have $1,000 saved. It's time to open a savings account, and the available options include: Account A, which compounds semi-annually, and account B, which compounds monthly. If both accounts have the same effective annual rate of interest and you place only this money in the account, you should choose ___________.

Group of answer choices

Account A because you will pay less in taxes.

Account B because it has a higher APR.

Either since you would be indifferent between the two.

Account A because it has a higher APR.

Account B because it is compounded more often.