Mathematics, 26.02.2021 08:20 ekids22
Laura inherited $10,000. Making a sound financial decision, she decided to invest the
money at her local bank. She had two options:
(1) earning simple interest at 6% or
(2) earning compound interest at 5.5%.
Which investment option will yield more return over a 10 year period?
Answers: 3
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Laura inherited $10,000. Making a sound financial decision, she decided to invest the
money at her...
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