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you can solve it on your note book and then attach a photo for the solution. An investment manager would like to invest $ 1

you can solve it on your note book and then
attach a photo for the solution.
An investment manager would like to invest
$10,000,000 for 10 years. He has different
option to invest the fund in , the first option
is 6% compound annually, the second one is
5.5% compound semiannually, the third one
is 5% compound quarterly, the fourth one is
4.8% compound monthly.
find out the optimal choice among the four
options.
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