Jerry has $150 in his checking account.
He withdraws $7.50 a day for lunch.
Which of the following equations and
solutions represent the number of days,
x, it will take for Jerry's account to have a
balance of $112.50?

Which account has the highest effective annual interest rate? not necessary but show how you got your answer.a. account 1: interest is compounded quarterly at an annual rate of 4.20%.b. account 2: interest is compounded monthly at an annual rate of 4.15%.c. account 3: interest is compounded semiannually at an annual rate of 4.10%d. account 4: interest is compounded annually at a rate of 4.25%.