If you are offered the following investment opportunities, which option will you choose for the best interest earned if you can afford to invest a total of 20,000? You can invest multiple times in an option given based on your available fund (20,000).

Option 1

P =10,000

R= 3%

T= January -April

Find the ordinary Interest earned?

Option 2

P =10,000

R= 3%

T= January -April

Find the exact interest earned?

Option 3

P =10,000

R= 3%

T= May- August

Find the Ordinary Interest earned?

Option 4

P =10,000

R= 3%

T= May- August

Find the exact Interest earned?