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With monthly compounding at 0.08 percent for 20years, what is the approximate future value of a 10000 initial investment? what is the future value of

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With monthly compounding at 0.08 percent for 20years, what is the approximate future value of a 10000 initial investment? what is the future value of the continuous compounding? An analysis manager must choose between four Assets: A, B, D and E. Each asset costs $40,000 and is expected to provide earings over a three-year period as described below. Asset Year 1 Year 2 Year 3 Asset 1 $21,000 $15,000 $6,000 Asset 2 9,000 15,000 21,000 Asset 3 3,000 20,000 19,000 Asset 4 6,000 12,000 12,000 Based on the wealth maximization goal, the financial manager would choose Select one: a. Asset 3 O b. Asset 1 O c. Asset 4 d. Asset 2

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