Thomas can invest

$10 comma 00010,000

by purchasing a 1-year T-bill for

$9 comma 2419,241,

or he can place the

$10 comma 00010,000

in a 12-month CD paying

9.479.47%.

Which investment will provide a higher return? In addition to return, what else should Thomas consider when making his investment decision?

The return on the T-bill is