a. Account A has a 4% APR compounded monthly. Determine the percent change per compounding period.
i. Decimal form: 0.04/12 = 0.0033 or 0.33%
ii. Percentage form: 0.33%
b. Account B has a 6. 8% APR compounded quarterly. Determine the percent change per compounding period.
i. Decimal form: 0.068/4 = 0.017 or 1.7%
ii. Percentage form: 1.7%
c. Account A has a 3. 5% APR compounded daily. Determine the percent change per compounding period.
i. Decimal form: 0.035/365 = 0.0000957 or 0.0957%
ii. Percentage form: 0.0957%