Mathematics, 25.05.2020 10:58, sierram298
You are considering different investment strategies to save for your retirement. Here are the options, and there are questions to answer :
Option 1: you invest $25/month at a rate of 3.25% APR compounded monthly for 30 years.
Option 2: you invest $75/quarter at a rate of 4.00% APR compounded monthly for 30 years.
Option 3: you invest $1,000 at a rate of 6.25% APR compounded monthly for 30 years.
Question 1: Which option was the least amount invested and what was the investment plan?
Question 2: Which option yielded the highest amount at the end of the 30 years, and what was the basis of the question?
Question 3: What is the difference in the principal invested for the highest and lowest final balances? What is the difference in the interest earned?
Question 4: Is it better to invest more money in the beginning of the end of the 30 years?
Answers: 2
Mathematics, 21.06.2019 19:00, myalee1419
In trapezoid abcd, ac is a diagonal and ∠abc≅∠acd. find ac if the lengths of the bases bc and ad are 12m and 27m respectively.
Answers: 3
Mathematics, 21.06.2019 22:00, kiararoman1715
Aschool allots ? 1500 to spend on a trip to the theatre. theatre tickets have a regular cost of ? 55 each and are on offer for 1 5 off. a train ticket for the day will cost ? 12 each. if 2 teachers and the maximum number of students attend, how much money will the school have left over?
Answers: 2
You are considering different investment strategies to save for your retirement. Here are the option...
Social Studies, 20.02.2020 22:48
Mathematics, 20.02.2020 22:48