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Compute the interest to be earned in each investment

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Question - Compute the interest to be earned in each investment. Which investment scheme will you invest your money worth 10,000 if you have the following options?

Investment A: Have a simple interest of 10% for 5 years.

Investment B: Compounded annually with an interest rate of 3% for 5 years.

Investment C: Compounded semi-annually with an interest rate of 5% for 5 years.

Investment D: Compounded quarterly with an interest rate of 3% for 5 years.

Investment E: Compounded monthly with an interest rate of 2% for 5 years.

Reference no: EM133029756

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