Question: Lucas is deciding between three options to spend his $ 8 , 0 0 0 bonus. Which of the following options will give Lucas the
Lucas is deciding between three options to spend his $ bonus. Which of the following options will give Lucas the most money after year? Which will result in the highest return on investment?
Option A He can open an $ CD account, interest, year, interest compounded monthly.
Option B He can deposit $ each month for months into a savings account earning compounded monthly.
Option C He can purchase tbills with a face value of $ each at a discount of $ each. The Treasury bills mature in year.
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