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1. Which money market account will earn the most interest? (33 puntos) $500 principal at 0.5% monthly for 10 years. $200 principal at 1% monthly for 20 years. $1,000 principal at 3% monthly for 2 years.
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1. Which money market account will earn the most interest?

(33 puntos)
$500 principal at 0.5% monthly for 10 years.
$200 principal at 1% monthly for 20 years.
$1,000 principal at 3% monthly for 2 years.
$100 principal at 8% monthly for 1 years.

User Theog
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5.9k points

1 Answer

2 votes
The one with $1,000 principal
User Advantej
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5.8k points
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