Business math help, Algebra

Can you please expalin to me how to solve this question? I am totally lost.
A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment.
Option 1: 6% compounded interest quarterly for 5 years.
Option 2: 8% compounded interest annually for 5 years.
Option 3: 14.5% simple interest for 10 years.
Posted Date: 3/25/2013 10:19:56 AM | Location : United States







Related Discussions:- Business math help, Assignment Help, Ask Question on Business math help, Get Answer, Expert's Help, Business math help Discussions

Write discussion on Business math help
Your posts are moderated
Related Questions




Your school holds a spring carnival each year to raise money for local charities. you are running a carnival game called lucky seven. the player must choose whether to throw a dart

Factor Theorem For the polynomial P ( x ) , 1. If value of r is a zero of P ( x ) then x - r will be a factor of P ( x ) . 2. If x - r is a factor of P ( x ) then r will

#question.P(x) = –x2 + 110x – 1,000. P(5), P(50), P(120) plot on graph

How do I find the Domain and Range?

Given a = 2^4 * 3^3 * 7 * 13 and b = 2^3 * 3^2 * 5^2 * 11 * 17 (Note ^ is my symbol for exponent) find the greatest common denominator of a and b. Find the least common mult

Solve following.                 |3x + 2| Solution Now we know that p ≥ 0 and thus can't ever be less than zero. Hence, in this case there is no solution as it is impos