Triangle Pediatrics is faced with multiple investment alternatives that pay interest as indicated in answers (a) through (e). If we assume Triangle Pediatrics has $100 to invest today, which alternative will give it the most money at the end of one year?
10 percent interest, compounded annually
9.9 percent interest, compounded semi annually
9.9 percent interest, compounded monthly
9.5 percent interest, compounded quarterly
9 percent interest, compounded daily