Help Please
6. Which is the best investment?

a. 5% compounded continuously
b. 5% compounded annually
c. 5% compounded quarterly
d. 5% compounded daily

7. Which is the best investment?

a. 2.5% compounded annually
b. 2.5% compounded monthly
c. 2.4% compounded continuously
d. 2.4% compounded annually

8. Which is the best investment?

a. 1.25% compounded annually
b. 1.245% compounded continuously
c. 1.245% compounded quarterly
d. 1.24% compounded daily

Question

Help Please 
6. Which is the best investment?

a. 5% compounded continuously
b. 5% compounded annually
c. 5% compounded quarterly
d. 5% compounded daily

7. Which is the best investment?

a. 2.5% compounded annually
b. 2.5% compounded monthly
c. 2.4% compounded continuously
d. 2.4% compounded annually

8. Which is the best investment?

a. 1.25% compounded annually
b. 1.245% compounded continuously
c. 1.245% compounded quarterly
d. 1.24% compounded daily

OLIVER69 · Answer

@shadow @thesmartone @ultrilliam could one of you help guide me to my answer, please?

supie · Answer

Annually is yearly, quarterly is periods of 3 months, and continuously is investment without limits on how quick you’re investing. Daily and monthly are obvious, we know what that means.

So, annually, quarterly, and monthly would never be the answer because continuously and daily are faster.

Generally speaking, continuously should be faster than daily, so I would pick that over daily.

The answers should be easy to find.

OLIVER69 · Answer

@supie wrote:

Annually is yearly, quarterly is periods of 3 months, and continuously is investment without limits on how quick you’re investing. Daily and monthly are obvious, we know what that means. So, annually, quarterly, and monthly would never be the answer because continuously and daily are faster. Generally speaking, continuously should be faster than daily, so I would pick that over daily. The answers should be easy to find.

Thank you this helps a lot.