331,900 views
18 votes
18 votes
विरा

HE
QUESTION ONE / 10
Aaron wants to open a savings account. Which account will grow his money the most?
B. Account 2: Interest rate 1%, interest compounded daily.
A. Account 1: Interest rate 2%, Interest compounded daily.
D. Account 4: Interest rato 1%, interest compounded
annually.
C. Account 3: Interest rato 2%, interest compounded
monthly

User SJDS
by
2.7k points

1 Answer

17 votes
17 votes

Answer:

B. Account 2: Interest rate 1%, interest compounded daily

Step-by-step explanation:

because since he want to be taking money from there regularly , he will need a rate of 2% and a interest compounded daily

User Shriganesh Shintre
by
3.0k points