Mathematics, 23.07.2020 19:01, mia2286
You are considering different investment strategies to save for your retirement.
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.
Complete the table below and answer the questions below it.
Option #
Contributions
Total Interest Earned
Final Balance
1) Which option was the least amount invested and what was the investment plan?
2) Which option yielded the highest amount at the end of the 30 years and what was the
basis of the plan?
3) What is the difference in the principal invested for the highest and lowest final
balances? What is the difference in the interest earned?
4) Is it better to invest more money in the beginning or the end of the 30 years?
Answers: 1
Mathematics, 21.06.2019 18:30, jacksonhoyt8049
Can someone me do math because i am having a breakdown rn because i don’t get it
Answers: 1
Mathematics, 21.06.2019 21:00, rjsimpson73
An arithmetic series a consists of consecutive integers that are multiples of 4 what is the sum of the first 9 terms of this sequence if the first term is 0
Answers: 1
Mathematics, 21.06.2019 21:20, aaronroberson4940
Find the least common denominator for thesetvo rational expressions. n^2/n^2+4n+4 -3/n^2+7n+10
Answers: 2
You are considering different investment strategies to save for your retirement.
Option 1: You inve...
World Languages, 12.02.2021 15:10
Mathematics, 12.02.2021 15:10
Mathematics, 12.02.2021 15:10
Mathematics, 12.02.2021 15:10
Mathematics, 12.02.2021 15:10
Mathematics, 12.02.2021 15:10
Mathematics, 12.02.2021 15:10