An investor is comparing an account with Twelvers Bank that pays 12 per cent annually with one at Sixers Bank that pays 6 per cent semi- annually. What advice would you give?
A) Returns from the two banks will be identical
B) Invest with Twelvers to get a better return
C) Invest with Sixers to get a better return
D) Invest with both and pay the interest from Sixers into the Twelvers account
Correct Answer:
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