When opening a savings account, the interest rate which would produce the greatest interest would be:
Aa simple interest rate.
Ban interest rate that is compounded daily.
Can interest rate that is compounded annually.
Dan interest rate that is compounded monthly.
ENone of these choices are correct.
Aa simple interest rate.
Ban interest rate that is compounded daily.
Can interest rate that is compounded annually.
Dan interest rate that is compounded monthly.
ENone of these choices are correct.