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.
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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. |