SOLUTION: Which of the following choices of investment yields the greatest for a deposit of $20,000 over 20 years?
a. 12% simple interest
b. 10.5% compounded quarterly
c. 11.5% compounded
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Question 732230: Which of the following choices of investment yields the greatest for a deposit of $20,000 over 20 years?
a. 12% simple interest
b. 10.5% compounded quarterly
c. 11.5% compounded weekly
d. 11% compounded daily
Answer by lynnlo(4176) (Show Source): You can put this solution on YOUR website!
B.
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