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5 votes
Laura is willing to invest $30,000 for elght years, and is an econorricalty rational investor. She has identified three investrnent alternatives C, M, and P) that vary in their method of alculating interest and in the annual interest rate offered. Sincen she can celly make one invectment during the eichtyear investment period, camplete the following table and indicate whether taura should invest in each of the investmerts; Note: When calculating esch investment's future value, assume that all inkerest is earfed annually. Do not iound your intermedate calculations. The final value should be rounded to the nearest nhole dollar

1 Answer

7 votes

Answer:

To provide a recommendation for Laura's investment, I would need specific information about the interest rates and the method of calculating interest for each investment alternative (C, M, and P). Without this information, it is not possible to complete the table and determine which investment would be the most suitable for Laura.

If you can provide the interest rates and the method of calculating interest for each investment alternative, I would be able to assist you further in analyzing the options and determining the best investment choice.

answered
User Arogachev
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