Mathematics, 26.03.2021 22:50, foreverandalways80

PLEASE HELP ASAP! THIS IS TIMED! WILL MARK BRAINLIEST IF ANSWER IS CORRECT! Laura inherited $10,000. Making a sound financial decision, she decided
to invest the money at her local bank. She had two options:

(1) earning simple interest at 6% or
(2) earning compound interest at 5.5%.

Which investment option will yield more return over a 10 year period?

a. both options yield the same amount
b. simple interest at 6%
c. compound interest at 5.5%
d. a decision cannot be determined

Answers: 1

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PLEASE HELP ASAP! THIS IS TIMED! WILL MARK BRAINLIEST IF ANSWER IS CORRECT! Laura inherited $10,000...