Q3: If you are given with following three investment options. What would be the most suitable and profitable option? Rank investments based on their productivity.

Rs 100,000 invested today in a saving account for 10 years at interest rate of 7.5%, compounded annually.

An investment of Rs 10,000 at the end of each year for next 10 years at annual interest rate of 7%, compounded annually, will accumulate by the end of year 10.

An investment of Rs 10,000 at the beginning of each year for next 10 years at annual interest rate

of 6.5%, compounded annually, will accumulate by the end of year 10.