Question:

Marcia wants to have $2000 in 10 years. Marcia plans on

Last updated: 7/26/2022

Marcia wants to have $2000 in 10 years. Marcia plans on

Marcia wants to have $2000 in 10 years. Marcia plans on making no deposits or withdrawals. The following are the choices in which she can invest: A savings account earning 2.5% compounding monthly. A checking account earning 1.3% compounded weekly. A money market account earning 3.6% compounded quarterly. Explain which choice Monica should choose.