A person wants to invest 14 000 for 2 years and is

Last updated: 6/24/2023

A person wants to invest 14 000 for 2 years and is considering two different investments The irst investment a money market fund pays a guaranteed 6 7 interest compounded daily The second investment a treasury note pays 6 9 annual interest Which investment pays the mo interest over the 2 year period Select the correct choice below and if necessary fill in any answer box es to complete your choice Do not round until the final answer Then round to the nearest cent as needed OA The market fund is the better investiment since the market fund produces in interest and the treasury note pays R The treasury note is the better investment since the market fund produce in interest and the treasury note pays OC Both the market fund and the treasury note produce the same interest with in interest in interest 201 nsider intere any ar neares the ma e the ma