document.write( "Question 934369: Suppose you are considering three investments? Determine which investment is best in terms of its effective Annual Yield.
\n" ); document.write( "Investment A offers 5% interest, compounded monthly.
\n" ); document.write( "Investment B offers 4.9% interest, compounded daily.
\n" ); document.write( "Investment C offers 4.85% interest, compounded continuously.
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Algebra.Com's Answer #568235 by ptfile(81)\"\" \"About 
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Investment A
\n" ); document.write( "\"Effective+Annual+Yield+=%28%281%2Br%2Fn%29%5En-1%29%28100%29\"
\n" ); document.write( "\"Effective+Annual+Yield+=%28%281%2B.05%2F12%29%5E12-1%29%28100%29\"
\n" ); document.write( "\"Effective+Annual+Yield+=5.11\"\r
\n" ); document.write( "\n" ); document.write( "Investment B
\n" ); document.write( "\"Effective+Annual+Yield+=%28%281%2Br%2Fn%29%5En-1%29%28100%29\"
\n" ); document.write( "\"Effective+Annual+Yield+=%28%281%2B.049%2F360%29%5E360-1%29%28100%29\"
\n" ); document.write( "\"Effective+Annual+Yield+=5.02\"\r
\n" ); document.write( "\n" ); document.write( "Investment C
\n" ); document.write( "\"Effective+Annual+Yield+=+%28e%5Er-1%29%28100%29\"
\n" ); document.write( "\"Effective+Annual+Yield+=+%28e%5E.0485-1%29%28100%29\"
\n" ); document.write( "\"Effective+Annual+Yield+=+4.97\"\r
\n" ); document.write( "\n" ); document.write( "Investment A has the best term.
\n" ); document.write( "
\n" );