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14) Sarah has $50,000 to invest. Which one of the following investment options will produce the largest future value for him? A. 7% simple interest
14) Sarah has $50,000 to invest. Which one of the following investment options will produce the largest future value for him? A. 7% simple interest for 12 years B.7%, compounded annually for 10 years C.7%, compounded monthly for 12 years D. 7%, compounded annually for 12 years 15) Samir deposits $1,000 in a retirement account today at 8.5% interest. How much more money will he have if he leaves the money invested for 40 years rather than 35 years? A. $17,379.64 B. $26,133.02 C. $17,839.73 D. $8,753.38
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