(URGENT) Harrison and Sherrie are making decisions about their bank accounts. Harrison wants to deposit $200 as a principle amount, with an interest of 2% compounded quarterly. Sherrie wants to deposit $200 as the principle amount, with an interest of 4% compounded monthly. Explain which method results in more money after 2 years. Show all work.

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Step-by-step explanation: If either is possible, why not do both?  That's the best return.

For the problem as stated, the higher interest rate will eventually win.  You may have to wait a long time for $100 at 1.001%/year to catch up with $100,000,000 at 1.000%/year.  In this case, it's around 1.4 million years, so you do in fact need to know the interest rates and the ratio of the two principal investment amounts to know which will be better within a reasonable time.

the answer is d

step-by-step explanation:

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