asked 27.9k views
1 vote
Julie is deciding which bank she should invest $5.000 with in order to maximize her

return. Select the answer that would earn Julie the most money after 10 years.
a. Bank A offers 6% APR compounded annually
b. Bank B offers 6% APR compounded semi-annually
c. Bank C offers 5.1% APR compounded daily
d. Bank D offers 6.3% APR compounded monthly

asked
User JCB
by
8.2k points

2 Answers

2 votes

Answer:d

Explanation:

answered
User Ryanthon
by
8.5k points
2 votes
The answer is C to your question
answered
User James Muranga
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.