Quarterly compounding the other compounds

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Jose Oliva is considering two investment options for a $1,500 gift he received for graduation. Both investments have 8% annual interest rates. One offers quarterly compounding the other compounds on a semiannual basis. Which investment should he choose? Why?

Reference no: EM131051256

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Quarterly compounding the other compounds : Jose Oliva is considering two investment options for a $1,500 gift he received for graduation. Both investments have 8% annual interest rates. One offers quarterly compounding the other compounds on a semiannual basis. Which investment should he ..
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