The balance in Meg's savings account can be calculated using the formula S = 50(1.0304), where y is the number of years from the initial
deposit. Meg switches to an account that compounds interest each
month. Which account has about the same annual interest rate as Meg's
current savings account if mis the number of months from the initial
deposit?
S = 50(1.0002)
(B
S = 50 (1.0025)
S = 50(1.0859)
D S = 50(1.2331)