[email protected]% for 20 years =1000000x(1.01)^20=1000000x1.22019=$1220190 [email protected]%, daily, for 20 years=200000 x (1+.1/360)^7200=200000x(1.000278)^7200=$ 1477400.84 b.200000 x (1.1)^20=$1345500 This still yields more than the first choice ☺☺☺☺
