You plan to deposit $$10,000$ in a savings account and leave the money for at least $5$ years. You found the following offers:

$-$ Bellon Bank is offering $4\%$ compounded once per year

$-$ WNC Bank is offering $3\mathrm{.}9\%$ compounded twice per year

$-$ Byfus Bank is offering $3\mathrm{.}95\%$ compounded monthly

$-$ Reginald Bank is offering $3\mathrm{.}92\%$ compounded daily

Which bank is the best choice?

How much money would you have after fifteen years in each of these accounts?

Plot the growth of $$10,000$ over $15$ years at each rate on the same graph.

Solve using Excel. Finding the APR, Compounding Frequency and the EAR