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•Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year? Please explain your answer %24

•Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year? Please explain your answer %24

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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8:54 O A 2.00 a. .. 67 Some simple finance... 1/22/2021 Some simple questions about money! VATS3 Finandal Math Q1 •Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year? Please explain your answer 1/22/2021 Q2 •l can give you $1 NOW or $1 a month from now, which should you choose? Please explain your answer
Transcribed Image Text:8:54 O A 2.00 a. .. 67 Some simple finance... 1/22/2021 Some simple questions about money! VATS3 Finandal Math Q1 •Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year? Please explain your answer 1/22/2021 Q2 •l can give you $1 NOW or $1 a month from now, which should you choose? Please explain your answer
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