asked 64.7k views
1 vote
Dashboard

My Footprint/Slav...
imc
(5) PATHOS, LOGOS...
A Javonte
fast
chemthink
Isotopes and Atomi...
Question 1
4 pts
Bill has a choice of two investments. He can invest $12,000 for 10 years in
a mutual fund that earns 6% interest compounded monthly. His other
option is to invest the $12,000 for 16 years in an IRA that earns 4% interest
compounded quarterly.
Which investment will give Bill more money and by how much?
HTML Editor
A
IX E
1 x x
HER
IN
C
DT 12pt
Paragraph


asked
User Onion
by
7.6k points

1 Answer

0 votes
Bdhahsbsbhahsjsjzhsbs
answered
User Daniel Fanjul
by
8.1k points

Related questions

asked Mar 28, 2021 143k views
Pareshm asked Mar 28, 2021
by Pareshm
7.4k points
1 answer
0 votes
143k views
asked Sep 24, 2021 17.7k views
Dotsie asked Sep 24, 2021
by Dotsie
7.1k points
1 answer
1 vote
17.7k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.