Zack shopped around for a good interest rate to invest the prize amount that he received from an inter-college tennis competition. He narrowed down his search to two banks: Bank A was offering him 6% compounded semi-annually and Bank B 6.09% compounded annually. Which bank should he choose to save his prize money?

Select one:

a. Bank A and Bank B, split his prize money up

b. Bank A

c. Bank A or Bank B, doesn't matter

d. Bank B

$200,000 was deposited in a Swiss bank savings account by a large software company for 10 years and 6 months at 8% compounded quarterly. Calculate the accumulated value of the investment at the end of the period.

Select one:

a. $359,448.89

b. $472,201.67

c. $442,382.16

d. $459,448.89

e. $259,448.89