ou need $10,000 in six years. Which one of the following requires the lowest investment today? Investment A: A bank account paying 5% compounded annually. Investment B: A bank account paying 5% simple interest. Investment C: A bank account paying 5.5% simple interest. Investment A Investment B Investment C You need $10,000 in six years. Which one of the following requires the highest investment today? Investment A: A bank account paying 5.5% compounded annually. Investment B: A bank account paying 5% compounded annually. Investment C: A bank account paying 5.5% simple interest. Investment A Investment B Investment C You save $10,000 for five years. Which one of the following will have the lowest future value? Investment A: A bank account paying 5.5% compounded annually. Investment B: A bank account paying 5% compounded annually. Investment C: A bank account paying 5.5% simple interest. Investment A Investment B Investment C
You need $10,000 in six years. Which one of the following requires the lowest investment today?
Investment A: A bank account paying 5% compounded annually.
Investment B: A bank account paying 5% simple interest.
Investment C: A bank account paying 5.5% simple interest.
Investment A |
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Investment B |
||
Investment C |
You need $10,000 in six years. Which one of the following requires the highest investment today?
Investment A: A bank account paying 5.5% compounded annually.
Investment B: A bank account paying 5% compounded annually.
Investment C: A bank account paying 5.5% simple interest.
Investment A |
||
Investment B |
||
Investment C |
You save $10,000 for five years. Which one of the following will have the lowest
Investment A: A bank account paying 5.5% compounded annually.
Investment B: A bank account paying 5% compounded annually.
Investment C: A bank account paying 5.5% simple interest.
Investment A |
||
Investment B |
||
Investment C |

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