Ollie Gibson is considering investing $10,000 in a certificate of deposit for 4 years at an annual interest rate 4% compounded daily or 4% compounded monthly. Based on the annual percentage yield, which one is one is better investment?
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Home » Mathematics » Ollie Gibson is considering investing $10,000 in a certificate of deposit for 4 years at an annual interest rate 4% compounded daily or 4% compounded monthly. Based on the annual percentage yield, which one is one is better investment?