“ te atatata Checklist:
Model?
Equation(s)?
Letter to represent the unknown?
Final answer in a complete sentence?
b. Ms. Jacobson gave her son and friends $48 to spend on snacks and drinks. Each child received
the same amount of money. How much money did each child receive?
Checklist:
Model?
Equation(s)?
Letter to represent the unknown?
Final answer in a complete sentence?

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%.