November 24, 2015

Homework Help: Finance

Posted by Angel on Friday, June 29, 2012 at 8:12pm.

a client comes to you for an investment advice on his 500,000 winnings from the lottery. he has been offered the following options. what would be the best option 6% compounded interest quarterly for 5 years or 8% compounded annually for 5 years or 14.5% simple interest for 10 years. Explain which one would be the better choice

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