Kirito is planning to invest his retirement benefit amounting to ℎ 1,500,000. He was given 3 options on where to invest his money. Help Kirito decide on which bank/ cooperative will yield him the greatest amount after 5 years. Show solutions.
A. Knights of the Blood Oath Bank – 5% annual simple interest
B. Moonlit Black Cats Bank – 3% compounded quarterly
C. Aincrad Liberation Force Cooperative – 1% compounded monthly