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1.Sofbank is offering four accounts with different quotations. If you have $1000 to invest, what will be the balance in 31 years? account A: 3.75
1.Sofbank is offering four accounts with different quotations. If you have $1000 to invest, what will be the balance in 31 years? | |||
account A: | 3.75 percent, compounded annually | (1) | |
account B: | 3.70 percent, compounded monthly | (2) | |
account C: | 3.70 percent, compounded semi-annually | (3) | |
account D: | 3.66 percent, compounded quarterly | (4) |
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