You have $100,000 that you would like to invest.  You have three investment choices:  Savings Account A which earns 5% APR compounded annually, Savings Account B which earns 4.92% APR compounded monthly, or Savings Account C which earns 4.95% APR compounded quarterly.  Which account should you choose?

Answer rating: 100% (QA)

To determine which account you should choose we can compare the future value of the investments afte... View the full answer