please help, will give double the points
Your fixed expenses are $1,151.65/month. You saved 4 months' worth in an emergency fund.
Option1: You invest 25% of your emergency fund in a savings account at a 3.3% APR and the rest in a 60-day CD at a 4.3% APR.
Option 2: You invest 100% of the emergency fund in a savings account at a 3.3% APR.
Between these options, what is the difference in interest earned after 60 days?
$15.35
$9.11
$5.68
$4.96
