8) Which is the better investment option: (a) Investing $750 each year for the next...
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8) Which is the better investment option: (a) Investing $750 each year for the next ten years at a rate of 3.5% compounded annually. Or (b) Waiting five years and then investing $1,500 each year for five years at a rate of 7% compounded annually. 1/YP/Y C/YN PVPMT FV
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