Question
You have been selected by the Board of Directors of Triangle Pediatrics as the CEO of this multi-clinic organization. Upon reviewing the financials, you realized
You have been selected by the Board of Directors of Triangle Pediatrics as the CEO of this multi-clinic organization. Upon reviewing the financials, you realized the clinic has $ 300,000.00 in a checking collecting near-zero interest. You have multiple investment alternatives that pay interest as indicated in a. through e. below. Which option will yield the most money at the end of two years? a. 10 percent interest, compounded annually b. 9.9 percent interest, compounded semiannually c. 9.9 percent interest, compounded monthly d. 9.5 percent interest, compounded quarterly e. 9 percent interest, compounded daily
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