Math  /  Data & Statistics

QuestionWhich of the following investments produces the most interest on a \1000 investment? Write the correct letter into the answerbox. \# of compounding period rate of interest years to invest \begin{tabular}{|l|r|r|r|} \hline A) & 4 & 4.00 \% & 12 \\ \hline B) & 12 & 3.50 \% & 12 \\ \hline C) & 12 & 3.80 \% & 12 \\ \hline D) & 1 & 4.25 \%$ & 11 \\ \hline \end{tabular}

Studdy Solution
Option A produces the most interest.

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