Business, 25.07.2020 01:01 ander67061

Davian wishes to save for a down payment on a house. Right now he has $3500 to invest. Using the data given, which statement explains the best option for his investment?
Savings Account
Liquid CD
Interest
Rate
1% compounded
daily
2%
compounded monthly
Bump-Up CD
2.35%
initially, and 2.5%
after 1 year, each compounded
monthly
Fees
None
10%
penalty without 30-day
notice
None

Answers: 2

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Davian wishes to save for a down payment on a house. Right now he has $3500 to invest. Using the da...