Offered two investments for the firms spare cash

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You are offered two investments for the firm's "spare cash" ($8000). Which option will give you a better return on and of investment (two ROIs)? Option 1- pays out at 16% simple interest for five years   Option 2- pays out at 11% compound interest for four years

Reference no: EM131309798

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Offered two investments for the firms spare cash : You are offered two investments for the firm's "spare cash" ($8000). Which option will give you a better return on and of investment (two ROIs)? Option 1- pays out at 16% simple interest for five years   Option 2- pays out at 11% compound interest fo..
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