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can you please read the question. the instrotion ask to do the investment on 4 years and i have to decide how much to invest
can you please read the question. the instrotion ask to do the investment on 4 years and i have to decide how much to invest in each of the opion
You have ten thousand dollars. You have to invest the amount for a period of four years, starting today (fan 1,2023). Bank has four investment options: On the first of january of each year (2023,2024,2025,2026), you have to decide how much to invest in each of the four options. At the end of the four years (lan 1, 2027), all money should be available (so for example, don't invest in a three-year CD in January of the third year). How would you make your investments, and what would be the amount at the end? (Be brief, and you don't have to get the best scheme) Step by Step Solution
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