Question 2 - 7 marks\ You are contemplating investing some surplus funds and the following options are available:\ Invest

$50,000

@

4%

p.a. compounded annually for 5 years.\ Invest

$45,000

@

3%

p.a. compounded quarterly for 5 years.\ Invest

$40,000@4.5%

p.a. compounded semi-annually for 5 years.\ Invest

$50,000@3%

p.a. compounded semi-annually for 5 years.\ Invest

$55,000

@

0.5%

p.a. compounded weekly for 5 years\ Which one of the above is the second-best option?

Question 2 - 7 marks You are contemplating investing some surplus funds and the following options are available: 1. Invest $50,000 @ 4% p.a. compounded annually for 5 years. 2. Invest $45,000 @ 3% p.a. compounded quarterly for 5 years. 3. Invest $40,000@4.5% p.a. compounded semi-annually for 5 years. 4. Invest $50,000@3% p.a. compounded semi-annually for 5 years. 5. Invest $55,000 @ 0.5% p.a. compounded weekly for 5 years Which one of the above is the second-best option