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Identify whether the following statements about the simple and compound interest methods are true or false. Nicholai is willing to invest $35,000 for six years,
Identify whether the following statements about the simple and compound interest methods are true or false. Nicholai is willing to invest $35,000 for six years, and is an economically rational investor. He has identified three investment alternatives ( A, B, and C) that vary in their method of calculating interest and in the annual interest rate offered. Since he can only make one investment during the six-year investment period, complete the following table and indicate whether Nicholai 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
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