You want to invest your money but need to decide which option to choose from in order to make the most money. Option A is to inv

Question

3 years ago

13

You want to invest your money but need to decide which option to choose from in order to make the most money. Option A is to inv

est your $5000 into a basic account that earns interest at an annual rate of 5.2% per year. Option B is to invest your $5000 into an account that compounds your money quarterly at an interest rate of 5% per year. Which option will make more money after 10 years? How much more money will it make?

Mathematics

1 answer:

agasfer [191] · Answer 1 · 2022-03-01T12:45:13+03:00

agasfer [191]3 years ago

6 0

Answer:

Step-by-step explanation:

wait we need help with the same thing lol this is really confusing.