Which savings account offers the higher apy

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Savings account A and savings account B both offer APRs of 5%, but savings account A compounds interest semiannually, while savings account B compounds interest quarterly. Which savings account offers the higher APY?

Reference no: EM131145794

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Which savings account offers the higher apy : savings account A compounds interest semiannually, while savings account B compounds interest quarterly. Which savings account offers the higher APY?

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