In earn 5 coins Ricardo is creating a budget for himself to set goals on how much money he wants to save. At his current
job, he makes $1,000 per week, and spends $300 each week on his expenses. If he wants to save a total
of at least $30,800, how many weeks at minimum does he have to work for in order to reach his goal?

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%.