Identify the account that has the higher effective rate.

Account X | Account Y
Nominal 3% | 3.3%
interest Rate:

Compounding: Daily | Annually

The account with the higher effective interest rate is: Account y or Account X

The question is kind of confusing. if it's asking how many variations of answers can you give. then do 4^5 for your answer.this would be something like the first question could be a and the 2nd c or first b next c etc. if you can, ask the teacher for a better confirmation of what it's asking. if i'm assuming correctly what it's asking, it's 625 different variations.