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Mathematics, 15.12.2020 18:00 lanipooh01

Laura inherited $10,000. Making a sound financial decision, she decided to invest the money at her local bank. She has two options: (1) earning simple interest ar 6% or

(2) earning compound interest at 5.5%.

Which Investment option will yield more return over a 10 year period?

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Answers: 2

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Laura inherited $10,000. Making a sound financial decision, she decided to invest the money at her l...

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