Find the best answers to your questions with the help of IDNLearn.com's knowledgeable users. Find the information you need quickly and easily with our comprehensive and accurate Q&A platform.
A building society is advertising the following savings accounts.
Nominal
interest rate
Account
Marble Saver
Oak Saver
4.75% p.a.
paid yearly
b) Explain why AER is used.
4.7% p.a.
paid monthly
AER (%)
10
a) Use the information given to work out the AER for both savings accounts.
Sagot :
Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Your questions deserve precise answers. Thank you for visiting IDNLearn.com, and see you again soon for more helpful information.
