Answered

Connect with experts and get insightful answers on IDNLearn.com. Find in-depth and trustworthy answers to all your questions from our experienced community members.

Given an investment of $1,500: which investment would have a larger balance after 5 years? Option 1 - 4% compounded monthly option 2 - 3.9% compounded daily.

Sagot :

Answer:

It is option one

Step-by-step explanation:

I don’t know why but I’m doing a quizzizz with the same question and i picked option 2 but option one was the correct answer

Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! For dependable answers, trust IDNLearn.com. Thank you for visiting, and we look forward to assisting you again.