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A person wants to invest $19,000 for 3 years and is considering two different investments. The first investment, a money market fund, pays a guaranteed
A person wants to invest $19,000 for 3 years and is considering two different investments. The first investment, a money market fund, pays a guaranteed 5.1% interest compounded daily. The second investment, a treasury note, pays 5.2% annual interest. Which investment pays the most interest over the 3-year period? Choose the correct answer below. B OA. The treasury note is the better investment, since the market fund produces $ in interest, and the treasury note pays $ in interest. OB. The market fund is the better investment, since the market fund produces $ in interest, and the treasury note pays $ in interest. OC. Both the market fund and the treasury note produce the same interest with $ (Round to the nearest cent as needed.)
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