Mathematics, 21.06.2020 15:57, jako12
Nouchi has two investment options. Option A offers 9% annual interest with a $5000.00 principal and contributions
of $500 at the beginning of each month. Option B offers 8% annual interest with a $10,000.00 principal and
contributions of $300 at the beginning of the month.
If Nouchi plans to retire in 25 years, which option is the best choice for him?
Answers: 2
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