Question: Please do not use an online calculator or excel, PLEASE solve those questions with explanations and equations. (The answer is given by the way) Which

Please do not use an online calculator or excel, PLEASE solve those questions with explanations and equations. (The answer is given by the way)

Please do not use an online calculator or excel, PLEASE solve those

Which of the following plans provide with the highest benefit (hint: compare future values with m=12, n=5). Plan A: Monthly cash flow of $20 with the annual interest rate of 8% compounded monthly for the next 5 years. Plan B: Monthly cash flow of $30 with the annual interest rate of 4% compounded monthly for the next 5 years. Plan A Plan B

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