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You're deciding between two investments. Both earn 8 % . Investment A pays you 8 % annually on a $ 1 0 , 0 0

You're deciding between two investments. Both earn

8 % .

Investment A pays you

8 %

annually on a $

10, 000

investment for five years. Investment B pays you semiannually on a $

10, 000

investment. Which do you prefer and why?

Investment B

-

it pays $

109

Investment A

-

it pays $

109

Both investments pay the same

need more information

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