Question
An investor has $100,000 to invest and is considering two investment options: Option A and Option B. Option A is expected to provide a return
An investor has $100,000 to invest and is considering two investment options: Option A and Option B. Option A is expected to provide a return of 8% per year and Option B is expected to provide a return of 12% per year. The investor plans to invest for 5 years. Calculate the following:
- The future value of the investment for each option after 5 years
- The difference in returns between the two options
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