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Which of the following would provide the greatest amount in 5 years? $5,000 earning 5% with interest compounded monthly for 5 years $5,000 earning 5%
Which of the following would provide the greatest amount in 5 years? $5,000 earning 5% with interest compounded monthly for 5 years $5,000 earning 5% with interest compounded quarterly for 5 years $5,000 earning 5% with interest compounded semi-annually for 5 years $5,000 earning 5% with interest compounded annuually for 5 years
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