Natasha has an investment account that earns 6.45% compounded monthly. Amanda has an investment account that earns 6.05% compounded semiannually. Compute the effective rate that Natasha and Amanda are receiving.
A) how much did Natasha receive?
B) how much did Amanda receive?
C) who has the better amount?
D) Victoria has an investment account with interest compounded quarterly. What annual interest rate does this account need to carry to earn the same annual percentage yield as Natasha's?
Extracted text: Natasha has an investment account that earns 6.45% compounded monthly. Amanda has an investment account that earns 6.05% compounded semiannually. Compute the effective rate that Natasha and Amanda are receiving. Natasha: % Amanda: % Which one of the two has a better investment? O Amanda O Natasha Victoria has an investment account with interest compounded quarterly. What annual interest rate does this account need to carry to earn the same annual percentage yield as Natasha's? %
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