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2. You have two opportunities to invest $15,000 for 8 years. The first provides a yield of 6% annually, compounded quarterly. The second provides a

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2. You have two opportunities to invest $15,000 for 8 years. The first provides a yield of 6% annually, compounded quarterly. The second provides a yield of 6.5% annually, compounded annually. Which of these investments provides the higher returns? By how much? (10 Points) 2. You have two opportunities to invest $15,000 for 8 years. The first provides a yield of 6% annually, compounded quarterly. The second provides a yield of 6.5% annually, compounded annually. Which of these investments provides the higher returns? By how much? (10 Points)

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