Determine and arrange apy from every bank from best to worst


You have $1560 to invest in the acount in the bank for four years. Bank A is presenting the rate of 6% per annum simple interest, bank B is presenting the rate of 6% compounded annually, Bank C is presenting the rate 6% compounded semi-annually and bank D if presenting the rate of 6% compounded quarterly. Determine and arrange APY from every bank from best to worst.

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Mathematics: Determine and arrange apy from every bank from best to worst
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