[See Solution] Three local banks offer the following 1 year certificates of deposits: Simple 5.2% yearly 5% per annum compounded monthly 4.75% per annum
Question: Three local banks offer the following 1 year certificates of deposits:
- Simple 5.2% yearly
- 5% per annum compounded monthly
- 4.75% per annum compounded daily.
Which CD results in the most interest?
Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document 