Heather is willing to invest $30,000 for six years, and is an economically rational investor. She has identified three investment alternatives (L, M, and P) that vary in their method of calculating interest and in the annual interest rate offered. Since she can only make one investment during the six-year investment period, complete the following table and indicate whether Heather should invest in each of the investments.

Note: When calculating each investment's future value, assume that all interest is earned annually. The final value should be rounded to the nearest whole dollar.

5% compound interest-

expected future value________

make this investment?

4% simple interest-

expected future value_______

make this investment?

7% compound interest-

expected future value________

make this investment?