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omework: 5.2 Compound Interest core: 0 of 1 pt 10 of 12 (9 complete) HW Score: 62.5%, 750 5.2.47-BE Question Help A person wants to
omework: 5.2 Compound Interest core: 0 of 1 pt 10 of 12 (9 complete) HW Score: 62.5%, 750 5.2.47-BE Question Help A person wants to invest 516,000 for 3 years and is considering two different investments. The first investment, a money market fund pays a guaranteed 5.8% interest compounded daily. The second investment, a treasury note, pays 5.9% annual interest Which inves pays the most interest over the 3-year period? Select the correct choice below and, if necessary, fill in any answer box(es) to complete your choice (Do not round until the final answer. Then round to the nearest cent as needed) O A. The treasury note is the better investment, since the market tund produces sin interest, and the treasury note pays sin interest B. Both the market fund and the treasury note produce the same interest with OC. The market tund is the better Investment, since the market fund produces sin interest, and the treasury note pays sin interest > Click to select and enter your answers) and then click Check Answer All parts showing Type here to search 11.07 PM 6721/2020 EA
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