If you invest $2,000 with a 4% interest rate compounded
annually, how much will you have in ten years?
2-If you are going to receive $2,000 in six years from now, how
much is that worth today, assuming 5% annual simple interest?
Which of the following options will generate the highest
interest over the term, assuming the same $100 principal?
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5% simple interest rate for 3 years
5% quarterly compounding for 3 years
5% monthly compounding for 2...