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A lender offers 4 identical products except for the interest rates. A has a 5% interest rate compounded quarterly, B has a 5% interest rate
A lender offers 4 identical products except for the interest rates. A has a 5% interest rate compounded quarterly, B has a 5% interest rate compounded continuously, C has a 5% interest rate compounded annually, and D has a 5% interest rate compounded daily. From the perspective of the lender, rank the products from the most valuable to least valuable
A. | A > C > D > B | |
B. | B > D > A > C | |
C. | A > B > D > C | |
D. | C > A > D > B | |
E. | D > B > C > A |
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