Money Matters

You are a new accounts clerk in Lucena Metropolitan Bank where you met Mr. and Mrs. Smith who are preparing for the education of their children in the future. You wanted to introduce to them the advantage of time deposit having the following features: Option A: 1.10% interest annually in 3 years, Option B: 1.25% interest annually in 5 years Option C: 1.75% interest annually in 8 years