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fgiga [73]
3 years ago
5

Carl and Florence Lyles have the option of investing their $20,000 in a four-year CD with 5.15% interest compounded annually, 5%

interest compounded daily, 5.25% interest compounded monthly, or 5.5% interest compounded quarterly. Which would be the best investment?
a) 5% compounded daily
b) 5.5% compounded quarterly
c) 5.25% compounded monthly
d) 5.15% compounded annually
Mathematics
1 answer:
sleet_krkn [62]3 years ago
4 0
The answer is D because I asked my math teacher
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