Norah has $50,000 to invest. She is considering two investment options. Option A pays 1.5% simple interest. Option B pays 1.4% i

Question

3 years ago

6

Norah has $50,000 to invest. She is considering two investment options. Option A pays 1.5% simple interest. Option B pays 1.4% i

nterest compounded annually. Drag dollar amounts to the table to show the value of each investment option after 5 years, 10 years, and 20 years rounded to the nearest dollar. the answer choices are: 58,027 53,500 53,750 57,458 66,028 65,000

Mathematics

2 answers:

NikAS [45] · Answer 1 · 2022-05-10T07:57:46+03:00

NikAS [45]3 years ago

6 0

Answer:

<u>Option A</u>

5 years: $53,750

10 years: $57,500

20 years: $65,000

<u>Option B</u>

5 years: $53,599

10 years: $57,458

20 years: $66,028

erma4kov [3.2K] · Answer 2 · 2022-05-10T10:25:40+03:00

erma4kov [3.2K]3 years ago

4 0

Answer:

the corrects answers

Option A

5 years: $53,750

10 years: $57,500

20 years: $65,000

Option B

5 years: $53,599

10 years: $57,458

20 years: $66,028