Savings account A and savings account B both offer APRs of 6%, but savings
account A compounds interest semiannually, while savings account B
compounds interest quarterly. Which savings account offers the higher APY?
O
A. Savings account B, because it has more compounding periods per
year
O
B. Savings account B, because it has fewer compounding periods
per year
C. Savings account A, because it has more compounding periods per
year
O
D. Savings account A, because it has fewer compounding periods
per year