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Explain the selection strategy in brief

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Question: Assume that you have $10,000 to invest in a term deposit. In this situation, explain which of the three (3) deposits listed below (a. - c.) you would select if the selection strategy is totally depend on the higher percentage per annum (per year).

a) a 90-day deposit that has a maturity value of $10,250.

b) a 130-day deposit that has a maturity value of $10,390.

c) a 145-day deposit that has a maturity value of $10,420.

Reference no: EM132738326

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