Question: This question please. Font Paragraph Styles 1. Lakeisha has $2000.00 that she would like to invest. Her options are Option A-6.3% compounded monthly for 8

This question please.

This question please. Font Paragraph Styles 1. Lakeisha has $2000.00 that she

Font Paragraph Styles 1. Lakeisha has $2000.00 that she would like to invest. Her options are Option A-6.3% compounded monthly for 8 years Option B-7.3% compounded monthly for 7 years a) Determine the amount (future value) of each option I b) Which option should Lakeisha go with? By what amount is one option better than the other? c) What is the future value (amount) of the annuity below? Regular Payment Rate of Compound Compounding Time Interest per Year Period $360 per month 7.2% monthly 7 years

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