Business, 18.10.2019 22:00 emileep13

Mira has saved $25,000 over the years and she has the option of investing it in either of the two investment plans. investment a offers 12 percent interest compounded monthly, whereas investment b pays 13 percent interest compounded semiannually. the difference between the future values of the two investments if mira's investment horizon is seven years is closest to: the second is 60,371.86 the first is 57,668.07

(a) $4,204.52
(b) $3,577.87
(c) $1,152.34
(d) $2,703.79
(e) $3,250.22

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Mira has saved $25,000 over the years and she has the option of investing it in either of the two in...