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Rank the following certificates of deposit from highest to lowest effective rates: 6 years at 11% compounding quarterly 2 years at 11.03% compounding every other

Rank the following certificates of deposit from highest to lowest effective rates: 6 years at 11% compounding quarterly 2 years at 11.03% compounding every other month 1 year at 11.01% compounding monthly 12 years at 11.05% compounding twice a year

A. D, B, C, A

B. C, B, A, D

C. D, B, A, C

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