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Sasha predicts that she will need $ 2 4 0 0 0 to remodel her carpentry workshop in 6 years. She has found three investment
Sasha predicts that she will need $ to remodel her carpentry workshop in years. She has found three investment options to consider:
A compounded annually
B compounded semiannually
C compounded quarterly
a Compare the rates of return for these three options. Which option should she choose? Why?
b How much interest will she earn?
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