Question

Which investment would be worth the MOST after 20 years?

A) An initial investment of $3000 compounded annually at a rate of 12%
B) An initial investment of $3000 compounded quarterly at a rate of 11.9%
C) An initial investment of $3000 compounded weekly at a rate of 11.85%
D) An initial investment of $3000 compounded continuously at a rate of 11.8%​

Answer 1

D) An initial investment of $3000 compounded continuously at a rate of 11.8%​

Explanation: