Answer:
2)the account that earns 1.2 percent compounded monthly
Explanation:
Compounded means that it is when the interests will be added to the main account as payment, in this case the cmpounded annualy just gives you 1.2% of the mean balance of the account for the year, while the compounded monthly gives you the same 1.2% of the mean balance of the account but once a year, so it grows 12 times a year, rather than just one, that´s why the account that is compounded monthly will give her more money than the one that is compounded annually.
