Consider two investment opportunities. Investment 1 pays interest at the rate of 12%
per year, compounded annually while Investment 2 pays interest at the rate of 11.5% a
year, compounded daily. Assuming a 365-day year, which investment provides the
better return?

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The Answer of Consider two investment opportunities. Investment 1 pays interest at the rate of 12%
per year, compounded annually while Investment 2 pays interest at the rate of 11.5% a
year, compounded daily. Assuming a 365-day year, which investment provides the
better return?

Consider Two Investment Opportunities