Rank the following three bank-deposit options from best to worst. Bank A: 8% compounded daily...

 

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Rank the following three bank-deposit options from best to worst. • Bank A: 8% compounded daily • Bank B: 8.1% compounded monthly • Bank C: 8.08% compounded continuously followed by Bank A k for this qu Bank A Bank B Bank B Bank C Bank C The best investment is with Click if you would like to and then Open Show Bank A Bank B Bank C Rank the following three bank-deposit options from best to worst. • Bank A: 8% compounded daily • Bank B: 8.1% compounded monthly • Bank C: 8.08% compounded continuously followed by Bank A k for this qu Bank A Bank B Bank B Bank C Bank C The best investment is with Click if you would like to and then Open Show Bank A Bank B Bank C

Answer rating: 100% (QA)

The principal amount can be assumed to be 100 for all the 3 bank deposit options and the period may ... View the full answer