slide 7

Peter should deposit $25,000 in UOB bank for one year because he will receive the highest return of $29,890.45, compared to OCBC's $25,301.65 and DVS's $25,150.41. In conclusion, we propose that Peter should place the total of $25,000 in the UOB bank for one whole year. The reason is that the amount that you receive in the end is the highest of $29,890.45 compared to putting the total of $25,000 into OCBC, which you will get the return of $25,301.65 or putting the money into DVS, where you will get a total of $25,150.41.