Maggie is considering two investments.
Investment A
Investment B
Principal
$10,0...
Mathematics, 21.12.2020 02:40, sofiaarmy12
Maggie is considering two investments.
Investment A
Investment B
Principal
$10,000
$8,000
Interest rate
3%
2.8%
Time in years
5
15
Which investment will be worth more at the end of the investment period?
Investment A will be worth more because the interest rate is lower than the interest rate for investment B.
Investment A will be worth more because the total of the principal and the interest earned for investment A is greater than the same total for investment B.
Investment B will be worth more because the length of time is greater than the length of time for investment A.
Investment B will be worth more because the total of the principal and the interest earned for investment B is more than the same total for investment A.
Answers: 1
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