shawn9796 shawn9796

26-01-2022
Mathematics

contestada

Penelope is trying to decide which investment plan to participate in. She has $5000 to invest
1. Plan A pays 5% annual interest for up to 10 years
2. Plan B Pays 10% annual interest for up to 5 years

Respuesta :

ArtsyGirl03 ArtsyGirl03

26-01-2022

Answer:

she should choose plan A.

Step-by-step explanation:

Using the future value compound interest formula, plan A garners more money.

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