Question: a. How much will a $2000 investment earn if it earns 10%, and the interest is compounded annually. b. How much will the investment earn

a. How much will a $2000 investment earn if it earns 10%, and the interest is compounded annually.
b. How much will the investment earn if compounding occurs monthly?
c. How is an annuity different from a lump sum investment?

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