Question:
Maria has recently inherited 8900 which she wants to deposit
Last updated: 5/11/2023
Maria has recently inherited 8900 which she wants to deposit into an IRA account She has determined that her two best bets are an account that compounds semi annually at an annual rate of 4 Account 1 and an account that compounds daily at an annual rate of 3 4 Account 2 Step 1 of 2 Which account would pay Maria more interest