Mathematics, 05.03.2020 20:09 bangchan

Mark has $50,000 to invest. He is considering two investment options. Option A pays 3.45% simple interest. Option B pays 3.2% interest compounded annually. Use the drop-down menus below to choose which option is the best choice for Mark for each number of years. Math item stem image. If Mark wants to invest for 5 years, he should choose because . If Mark wants to invest for 15 years, he should choose because .

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