A savings account at bank X pays 7% interest compounded daily and a similar account at bank Y pays 7.5 % interest, compounded monthly. With the help of APY calculate which account will pay more to an investor who leaves $800 deposit for 3 years.​

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?