Mario has $150,000 to invest. Which one of the following investment options will produce the largest future

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Mario has $150,000 to invest. Which one of the following investment options will produce the largest future value for him?

a.6 percent, compounded annually for 12 years

b.6 percent, compounded annually for 10 years

c.6 percent simple interest for 10 years

d.6 percent, compounded monthly for 12 years

Posted Date: May 19, 2024 06:13 PM

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Mario has $150,000 to invest. Which one of the following investment options will produce the largest future

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