Choose the letter/s of the correct answer/s. In an investor’s perspective, which among these has the best potential for your money to grow, using the same present amount? Assume compound interest methods. A. i = 3.67%, f = 1.16%, n = 20 years B. r = 25%, m = 3; n = 15 years C. i = 4%, f = 2%, n = 18 years D. r = 15%, m = 2, n = 7 years
Choose the letter/s of the correct answer/s. In an investor’s perspective, which among these has the best potential for your money to grow, using the same present amount? Assume compound interest methods. A. i = 3.67%, f = 1.16%, n = 20 years B. r = 25%, m = 3; n = 15 years C. i = 4%, f = 2%, n = 18 years D. r = 15%, m = 2, n = 7 years
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Choose the letter/s of the correct answer/s.
In an investor’s perspective, which among these has the best potential for your money to grow, using the same
present amount? Assume
A. i = 3.67%, f = 1.16%, n = 20 years
B. r = 25%, m = 3; n = 15 years
C. i = 4%, f = 2%, n = 18 years
D. r = 15%, m = 2, n = 7 years
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