Amielife2021
Answered

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QUESTION ONE / 10
Aaron wants to open a savings account. Which account will grow his money the most?
B. Account 2: Interest rate 1%, interest compounded daily.
A. Account 1: Interest rate 2%, Interest compounded daily.
D. Account 4: Interest rato 1%, interest compounded
annually.
C. Account 3: Interest rato 2%, interest compounded
monthly

Sagot :

fifiebube

Answer:

B. Account 2: Interest rate 1%, interest compounded daily

Explanation:

because since he want to be taking money from there regularly , he will need a rate of 2% and a interest compounded daily

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