Patrick had $2000 to invest. Which of the following options should he choose? (a) 4% compounded… 1 answer below »
Patrick had $2000 to invest. Which of the following options should he choose?
(a) 4% compounded annually
(b) 3.75% compounded semi-annually
(c) 3.5% compounded quarterly
(d) 3.25% compounded monthly
Patrick had 2000 to invest Which of the following options