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You are considering where to invest $1,000. Four savings accounts are possible: Savings account A Savings account B Savings account C Savings account D Future

You are considering where to invest $1,000. Four savings accounts are possible:

Savings account A

Savings account B

Savings account C

Savings account D

Future value in 2 years

$1,020.40

$1,086.40

$1,074.90

$1,041.60

Internal rate of return

2%

8%

7%

4%

Which account is the best investment alternative?

Group of answer choices

Savings account D

Savings account A

Savings account C

Savings account B

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