In: Finance
If you invested in each of the following, at the end of 10 years, which of the following three investments would have the highest future value?
need working process.
Investment A pays $250 at the end of every year for the next 10 years 7% annually. |
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Investment B pays $125 at the beginning of every 6-month period for the next 10 years at 7% semiannual compounding. |
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Investment C pays $250 at the end of every year for the next 10 years at 7% monthly compounding. |