Question: Problem 3 (20 points) Alexandra is considering three investments. All of them have an initial investment of $10,000 and last for 10 years. 2.000 Investment

Problem 3 (20 points) Alexandra is considering
Problem 3 (20 points) Alexandra is considering three investments. All of them have an initial investment of $10,000 and last for 10 years. 2.000 Investment A - A traditional savings account which pays 8% interest compounded quarterly. Investment B - This account pays $800 annually at the end of years 1-9 directly to Jill with a final payment at the end of 10 years of $11,200. Investment C - This account pays a gradient starting at the end of year 1 of $400, increasing by $100 each year. At the end of 10 years she also received her $10,000 back. em for a. Rank the investments by greatest Future Worth at the end of 10 years. Alexandra's MARR is 6%. se by 950 b. Rank the investments by the greatest External Rate of Return

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