Register
Consider two investment opportunities, Investment A and Investment B. Investment A pays interest at the rate of 12% per year, compounded monthly. Investment B pays interest at the rate of 11.5% per year,
162k views
9 votes
Consider two investment opportunities, Investment A and Investment B. Investment A pays interest at the rate of 12% per year, compounded monthly. Investment B pays interest at the rate of 11.5% per year, compounded daily. Which investment provides the better return

User Abdullah Aman
by
7.9k points

1 Answer

10 votes

Answer:

Investment B

Step-by-step explanation:

This is because it pays it interests daily onlike A which pays it monthly

User Latoyia
by
7.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.3m questions

10.9m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!