Harry and Sally both invest $2500 for their
school tuition in 3 years. Harry chooses to
invest his money at bank A at 2.5%/a
compounded monthly while Sally chooses
to invest her money at bank B at 2.75%/a
compounded quarterly. How much money
will Harry and Sally have in their bank
account after 3 years? Who made the best
investment? Explain your answer.