Question

Kyle has $1500 to invest in a saving's account for 5 years. He has 3 options:

Answer 1

Answer:

bank c

Step-bby-step explanation:

It's obvious that compound interest will give you more money than simple and therefore we can eliminate bank A

It's best to have your interest compounding as often as possible and because that's the only difference between bank B and C bank C is the best