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Two different investment companies offer college savings plans, one at 8.4% compounded continuously and the other at 8.6% compounded quarterly. Which is the better investment?

Two different investment companies offer college savings plans, one at 8.4% compounded continuously and the other at 8.6% compounded quarterly. Which is the better investment?
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4 votes
Two different investment companies offer college savings plans, one at 8.4% compounded continuously and the other at 8.6% compounded quarterly. Which is the better investment?

User Simon Schubert
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1 Answer

4 votes
the first option is right
User Accraze
by
8.3k points
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