Question
Which of the following options will give you the greatest future value? $300 that you invest for eight years at a 3% annual rate $350
Which of the following options will give you the greatest future value?
| $300 that you invest for eight years at a 3% annual rate | ||
| $350 that you invest for five years at a 4% annual rate | ||
| $400 that you invest for three years at a 6% annual rate | ||
| $450 that you invest for one year at a 5% annual rate |
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
