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pls show solution, and draw cash flow diagram, thanks! Kim has $23120 to invest for 5 years. She has the following options: [A]term deposit at
pls show solution, and draw cash flow diagram, thanks!
"Kim has $23120 to invest for 5 years. She has the following options: [A]term deposit at 5.8% compounded annually; [B] Shares, paying a rate of 5.78% per annum with dividend paid quarterly; and [C] A building society account, paying a return of 5.86% per annum with monthly rests. Advise Kim on which option to take if all the investments are equally secure. Calculate all the resulting values per situation." Prompts Submitted Answers Answer for [A] Choose a match Answer for [C] Choose a match Answer for [B] Choose a matchStep by Step Solution
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