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Which is the best investment option? Currently, you have Php100,000. You want to invest this amount for one year to maximize the interest earned while
Which is the best investment option?
Currently, you have Php100,000. You want to invest this amount for one year to maximize the interest earned while minimizing the risk of losing money. You went to the bank, and you were presented with the following investment option:
A. Savings account that earns 0.25% annually.
B. Time deposit account placed for 120 days that earns 0.3% annually.
C. Stock worth Php 250 at present, at the end of one year, it will be worth Php 252.
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