This document summarizes an investigation into the total harmonic distortion (THD) of cascaded multi-level inverters using different multicarrier modulation techniques. It describes three modulation techniques - phase shifted multicarrier modulation (PSHM), level shifted multicarrier modulation (LSHM), and wave level shifted multicarrier modulation (WLSHM). Simulation results for 7-level, 9-level, 11-level, and 13-level inverters show that WLSHM achieves the lowest THD compared to the other techniques. The document concludes that WLSHM is the best modulation method for reducing THD in cascaded multi-level inverters.