Answer:
The 6.5% compounded annually would get you the most money. This is because, when compounded annually, the interest is calculated on the original sum plus the interest already earned. Over the four year period, this would result in total interest earned being higher than if the interest was compounded daily, as the interest earned each day would be calculated on the original sum only. For example, with a 6.5% compounded annually rate, at the end of the fourth year you would have a total of $127.82, whereas with a 6.3% compounded daily rate, you would have a total of $126.56
Explanation: