A person wants to invest $21,000 for 2 years and is considering two different investments. The first investment, a money market fund, pays a guaranteed 5.1% interest compounded daily. The second investment, a treasury note, pays 5.2% annual interest. Which investment pays the most interest over the 2-year period?
Choose the correct answer below
A. The market fund is the better investment, since the market fund produces $ in interest, and the treasury note pays $ in interest
B. Both the market fund and the treasury note produce the same interest with $
C. The treasury note is the better investment, since the market fund produces $ in interest, and the treasury note pays $ in interest.
(Round to the nearest cent as needed.)