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Alexa wants to save some money. She can afford to put $7,000 into a savings program. At the end of five years, assuming all interest
Alexa wants to save some money. She can afford to put $7,000 into a savings program. At the end of five years, assuming all interest is re-invested, which product will provide the best return?
Group of answer choices
Product A which pays 3.5% interest compounded and paid annually
Product C which pays 3% interest compounded and paid monthly
Product D which will pay out $8,200 by the end of five years
Product B which pays 3% interest compounded and paid annually
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