George says that an account that an account that earns 4% interest compounded annally and an account that earns 2% interest compounded semi-annually will be worth the same if the principals are the same. Analyze whether George's satement is accurate and explain which (if any) option is better. Explain how you got your answer. Use numbers and calcuations to provide evidence for your response. Answer in complete sentences.

George is correct

Step-by-step explanation:

Semi-annually is every 6 months, and since there will be 4% interest compounded annually and 2% compounded semi-annually it will indeed be the same, I arrived at this answer by concluding that semi-annually is every 6 months and annually is every 12 months. The calculations I used to prove this are 6 + 6 = 12 and 2 + 2 = 4.

answer: correct

step-by-step explanation:

add 8+12 to get a simplified answer of 12r-20