Comparison of earnings for different savings plans can best be accomplished using the annual percentage yield.
A savings plan is a road map for achieving your financial objectives, which could include retirement planning or emergency fund saving. A reliable savings strategy can be developed with the aid of a realistic budget. In exchange for a commitment to use a certain amount of computing power (measured in hours) over the course of one or three years, savings plans offer savings above on-demand rates. You can escape life's uncertainties by saving money, which also gives you the chance to live a quality life. You can avoid many difficulties and obstacles in life by setting aside money in a disciplined manner.
Note that the full question is:
Comparison of earnings for different savings plans can best be accomplished using the:
A. discounted present value.
B. compounded rate of return.
C. net present value.
D. annual percentage yield.
E. after-tax rate of return.
More about savings https://brainly.com/question/1287000
#SPJ4
