In the last 3 years, mutual fund A grew at the rate of 10.5%/year compounded quarterly. Over the same period, mutual fund B grew at the rate of 10.6%/year compounded semi-annually. Which mutual fund has a better rate of return? (Answer A or B.)

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The Answer of In the last 3 years, mutual fund A grew at the rate of 10.5%/year compounded quarterly. Over the same period, mutual fund B grew at the rate of 10.6%/year compounded semi-annually. Which mutual fund has a better rate of return? (Answer A or B.)

In the Last 3 Years, Mutual Fund a Grew at the Rate