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Re: Sam invests a principal of $10,000, which earns interest ove [#permalink]
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Rather, GRE 5 Lb book's alternative solution is better and effective here.

That is, If the simple interest scenarios are the same (2yrs of 8% is 16% ; 4yrs of 4% is also 16%). Then with more frequency of compounding will win the race; thus 4 times compounding is bigger than 2 times compounding.
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Re: Sam invests a principal of $10,000, which earns interest ove [#permalink]
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