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You want to deposit some money into a savings account. Currently, there are two options: one account offers 12% APR with monthly compounding, the other

You want to deposit some money into a savings account. Currently, there are two options: one account offers 12% APR with monthly compounding, the other offers 13% APR with semi-annual compounding. Which one will you prefer?

Multiple Choice

13% APR with semi-annual compounding
12% APR with monthly compounding
As a depositor, you would be indifferent.
I prefer the one my financial advisor chooses.

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