Question
An investor is considering the following investment options. Option-1: Invest 20,000 per year, at end of year, for 15 years, annual interest rate is 0.5%.
An investor is considering the following investment options.
Option-1: Invest 20,000 per year, at end of year, for 15 years, annual interest rate is 0.5%.
Option-2: Invest 10,000 every six months, starting today (beginning of period), for 15 years, annual interest rate is 0.5%, compounded half-yearly.
Future Value of Option-1 is (rounded to whole number without any unit. Example: 123,456 or 123456)
Future Value of Option-2 is (rounded to whole number without any unit. Example: 123,456 or 123456)
Which investment will be more attractive to the investor considering the Future Value of these two investments?
(Option-1/Option-2) is better by (FV difference between Option-1 and Option-2, rounded to whole number)
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Options Trading For Beginners How To Generate Predictable Income And Make A Living Without Taking Big Risks Even If You Re A Complete Beginner
Authors: Greg Middleton
1st Edition
979-8866955046
