Therefore, choice B offers 3.162% the greatest APY as compared to the various other options.

You are watching: The savings account offering which of these aprs

just took the apex quiz its C. 2.0365

Option C is correct.

Step-by-step explanation:

The formula is =

r = rate of interest

n = number of times its compounded

1. 4.0784% compounded monthly

here n = 12

= 1.0403-1 = 0.0403

2. 4.0798% compounded semiannually

here n = 2

= 1.0066-1 = 0.0066

3. 4.0730% compounded daily

here n = 365

= 3.328-1 = 2.328

C) 2.0365% compounded day-to-day ~ Apex i expect this helps i kept looking at differents but none of castle were best so ns guessed and got it ideal on apex good luck ^-^

The answer in quick is B. 3.1172% compounded monthly.

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