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2. Suppose you have three options for investing your money. You have decided to start the investment today and continue the investment for the next
2. Suppose you have three options for investing your money. You have decided to start the investment today and continue the investment for the next 20 years. a. Option 1: Invest $16,150 at 10.5% simple interest b. Option 2: Invest $13,250 at 7.15% APR compounded quarterly c. Option 3: Invest $40 per week at 2.25% APR Calculate the return after 5 year, 10 year, 15 year, and the total return at 20 years. Which option is the best investment? Give clear and precise statements using complete sentences
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