微信扫一扫
实时资讯全掌握
|
An investor has the choice of two investments. Investment A offers interest at 7.25% compounded quarterly. Investment B offers interest at the annual rate of 7.40%. Which investment offers the higher dollar return on an investment of $50,000 for two years, and by how much? A. Investment A offers a $53.18 greater return. B. Investment B offers a $36.92 greater return. C. Investment A offers a $122.18 greater return. |