PLease help me with this problem as I am stuck...
Jemima has $5000 to invest for two and a half years.
Her bank offers two different investment schemes:
Scheme 1
The client invests the money in an account that pays 3.25% interest only at the end of each year.
Scheme 2
The client invests the money in an account that pays 1.3% interest at the end of each six months.
Investigate each scheme and recommend to Jemima, with reasons, what she should do.