Question:

Karina has two investment options for $20,000 she is saving

Last updated: 7/18/2022

Karina has two investment options for $20,000 she is saving

Karina has two investment options for $20,000 she is saving for her future college expenses. One account pays 2.5% interest compounded monthly. The second account pays 2.2% compounded weekly. Which account will have the larger balance after 5 years? First account both account none of them Second account