You intend to invest $100 000 for five years. Four different interest payment options are available. Choose the interest option that yields the highest return over the five year period.
You intend to invest $100 000 for five years. Four different interest payment options are available. Choose the interest option that yields the highest return over the five year period.
A . a lump-sum payment of $22 500 on maturity (in five years)
B . an annually compounded rate of 4.15%
C . a quarterly-compounded rate of 4.1%
D . a continuously-compounded rate of 4%
Answer: C
Latest 8007 Dumps Valid Version with 132 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
                             Subscribe
                            
                        
                                            
                             Login                        
                    
                        0 Comments                    
                                        
                     Inline Feedbacks                    
                    View all comments
                 
	