Mathematics, 28.01.2022 22:40 eden1017
A couple has $5,000 to invest and has to choose between three investment options.
• Option A:24% interest applied each quarter
• Option B: 35, interest applied every 4 months
Option C: 455 interest applied twice each year
If they plan on no deposits and no withdrawals for 5 years, which option will give them the largest balance after 5 years? Use a mathematical model for each option to explain your choice
Answers: 2
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A couple has $5,000 to invest and has to choose between three investment options.
• Option A:24% i...
Mathematics, 19.02.2021 22:00
Mathematics, 19.02.2021 22:00