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Problem 11: Edward's manager has asked him to look into the following options to invest $100.00. Use the Compound Interest table in the Business
Problem 11: Edward's manager has asked him to look into the following options to invest $100.00. Use the Compound Interest table in the Business Math Handbook to find the future value of a $100.00 investment for each of the following options. List the options in order from the largest return to smallest return. Identify which option is best for the company. Present Rate Value $100.00 10% $100.00 12% $100.00 6% $100.00 12% $100.00 8% # of Years Compounde 5 58 121 10 15 d Annually Semi- annually Quarterly Monthly Semi- annually Table Future Value Value
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