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The investor plans to invest 2000 UAH and chooses between two investment options: one-year bond that pays 12% upon maturity ( one-year bond with payment

The investor plans to invest 2000 UAH and chooses between two investment options: one-year bond that pays 12% upon maturity (one-year bond with payment of 5% after redemption) or a high-yield money market account that pays 1% per month with monthly compounding.

Which of the options is more profitable? Confirm with calculations (APY and he amount of earned interest accrued at the end of the period)


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