Answer:
The first account will give more interest after one year.
Step-by-step explanation:
Blanche has to invest $8000 in a saving account.
(i) One account gives a 5.1% annual interest compounded annually.
So, after one year she will get an interest of
dollars
(ii) In another account gives 3.1% annual interest compounded quarterly.
So, the quarterly interest is
%.
Hence, after one year she will get an interest of
dollars (Approximate)
Therefore, the first account will give more interest after one year.