Mathematics, 23.11.2019 07:31 hijdjdjdbdjidjdbdbd

Lance is planning to invest $5000 for a period of 3 years. he has a choice of four different investments. which of the combinations of interest rates and compounding below will earn the most money?

a.
7%, daily

c.
7.1%, monthly

b.
7.2%, annually

d.
7.125%, quarterly

Answers: 2

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Me d is also an option but i couldn't get it in the picture

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More questions: Mathematics Another questions

Lance is planning to invest $5000 for a period of 3 years. he has a choice of four different investments. which of the combinations of interest rates and compounding below will earn the most money? a. 7%, daily c. 7.1%, monthly b. 7.2%, annually d. 7.125%, quarterly

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Another question on Mathematics

Lance is planning to invest $5000 for a period of 3 years. he has a choice of four different investments. which of the combinations of interest rates and compounding below will earn the most money?

a.
7%, daily

c.
7.1%, monthly

b.
7.2%, annually

d.
7.125%, quarterly