subject
Mathematics, 22.05.2020 12:58 timthaartist

HELP PLEASE ASAP

You are considering
different investment strategies to save for your retirement.

Option 1: You invest $25/ month at a rate of 3.25% APR compounded monthly for 30 years.

Option 2: You invest $75/ quarter at a rate of 4.00% APR compounded monthly for 30 years.

Option 3: You invest $1,000 at a rate of 6.25% APR compounded monthly for 30 years.

1) Which option was the least amount invested and what was the investment plan?

2) Which option yielded the highest amount at the end of the 30 years and what was the
basis of the plan?

3) What is the difference in the principal invested for the highest and lowest final balances? What is the difference in the interest earned?

4) Is it better to invest more money in the beginning or the end of the 30 years?


HELP PLEASE ASAP You are considering  different investment strategies to save for your retirement. O

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Alake near the arctic circle is covered by a 222-meter-thick sheet of ice during the cold winter months. when spring arrives, the warm air gradually melts the ice, causing its thickness to decrease at a constant rate. after 333 weeks, the sheet is only 1.251.251, point, 25 meters thick. let s(t)s(t)s, left parenthesis, t, right parenthesis denote the ice sheet's thickness sss (measured in meters) as a function of time ttt (measured in weeks).
Answers: 1
question
Mathematics, 21.06.2019 19:00
You are at a restaurant and owe $38 for your meal. you want to leave a 20% tip. how much will your tip be?
Answers: 1
question
Mathematics, 21.06.2019 19:00
1) what is the measure of the exterior angle, ∠uvw ? 2) in triangle man, what is the measure of the exterior angle at n (in degrees)?
Answers: 1
question
Mathematics, 21.06.2019 22:30
5, 6, 10 question: a. determine whether the side lengths form a triangle. (explain your reasoning) b. if it is a triangle, determine whether it is a right, acute, or obtuse triangle. (show your work)
Answers: 1
You know the right answer?
HELP PLEASE ASAP

You are considering
different investment strategies to save for...
Questions
question
Medicine, 21.10.2020 01:01
question
Biology, 21.10.2020 01:01
question
Mathematics, 21.10.2020 01:01
question
Mathematics, 21.10.2020 01:01
question
Spanish, 21.10.2020 01:01
Questions on the website: 13722367