Question
Which investment returns a greater future value at time 10; A or B INVESTMENT A time return investment 0 $1,000.00 1 3% 2 3% 3
Which investment returns a greater future value at time 10; A or B
INVESTMENT A
| time | return | investment |
| 0 | $1,000.00 | |
| 1 | 3% | |
| 2 | 3% | |
| 3 | 3% | |
| 4 | 3% | |
| 5 | 3% | |
| 6 | 3% | |
| 7 | 3% | |
| 8 | 3% | |
| 9 | 3% | |
| 10 | 3% |
INVESTMENT B
| time | return | investment |
| 0 | $1,000.00 | |
| 1 | -1% | |
| 2 | 2% | |
| 3 | -1% | |
| 4 | 2% | |
| 5 | -1% | |
| 6 | 2% | |
| 7 | -1% | |
| 8 | 6% | |
| 9 | 6% | |
| 10 | 6% |
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Public Finance
Authors: John E. Anderson
2nd edition
978-0538478441, 538478446, 978-1133708360, 1133708366, 978-1111526986
