Question

When investing money in a bank account, in which situation will you have the most money in your account at the end of three years?

Answer 1

um just put more on there

Answer 2

not enough info

Answer 3

um go to google den

Answer 4

Hanan u gotta post the number tat go along with the question

Answer 5

um

Answer 6

yeah

Answer 7

\(\color{#0cbb34}{\text{Originally Posted by}}\) @jacksonsl
um go to google den
\(\color{#0cbb34}{\text{End of Quote}}\)
dude you keep posting this on every question. leave if you're not going to answer questions.

Answer 8

Could you post the situations?

Answer 9

Annually usually yields the highest amount of interest. This is because of compounding and the fact that most banks make monthly interest lower than yearly. It has 12 months of growth when it's yearly, so it's more.

Semiannually = 6 months
Monthly = 1 month
Quarterly = 3 months
Annually = 12 months

Answer 10

so it would be Compounded semiannually

Answer 11

No, it would be compounded annually

Answer 12

that is not an option

Answer 13

Sorry, compounded yearly.

Answer 14

thank you