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The time line represents which investment scenario? 2 3 4 Today year years years years + $800 $800 $800 $800 $80 $80 $80 $8000 invested annually for 4 years in a a) fund that pays 9% interest per year, compounded annually $8000 invested annually for 4 years in a b) fund that pays 18% per year, compounded semin annually $8000 invested annually for 4 years in a c) fund that pays 9% interest per year, compounded monthly $8000 invested annually for 1 year in a d) fund that pays 36% per year, compounded quarterly

The time line represents which investment scenario? 2 3 4 Today year years years years + $800 $800 $800 $800 $80 $80 $80 $8000 invested annually for 4 years in a a) fund that pays 9% interest per year, compounded annually $8000 invested annually for 4 years in a b) fund that pays 18% per year, compounded semin annually $8000 invested annually for 4 years in a c) fund that pays 9% interest per year, compounded monthly $8000 invested annually for 1 year in a d) fund that pays 36% per year, compounded quarterly

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The time line represents which investment scenario? 1 3 4 Today year years years years + $800 $800 $800 $800 $80 $80 $80 $8000 invested annually for 4 years in a O a) fund that pays 9% interest per year, compounded annually $8000 invested annually for 4 years in a b) fund that pays 18% per year, compounded semin annually $8000 invested annually for 4 years in a c) fund that pays 9% interest per year, compounded monthly $8000 invested annually for 1 year in a d) fund that pays 36% per year, compounded quarterly 2.
Transcribed Image Text:The time line represents which investment scenario? 1 3 4 Today year years years years + $800 $800 $800 $800 $80 $80 $80 $8000 invested annually for 4 years in a O a) fund that pays 9% interest per year, compounded annually $8000 invested annually for 4 years in a b) fund that pays 18% per year, compounded semin annually $8000 invested annually for 4 years in a c) fund that pays 9% interest per year, compounded monthly $8000 invested annually for 1 year in a d) fund that pays 36% per year, compounded quarterly 2.
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