WEEK 6 LAB

You have just inherited $100,000 tax-free. You have three options. Invest in a savings account at your local bank at 1% annual return. Invest the S&P 500 with an anticipated return of 12% annual return, though there is always some risk as the past is not always an indication of the future.. Invest in your business with an anticipated return of 24%, but with moderate risk due to the changing business environment. Which option would you pursue and why? Assuming these numbers for annual return are correct, how often will each of these investments double in the next 72 years?