8:54 OA 2.00 a. ..67Some simple finance...1/22/2021Some simplequestionsabout money!VATS3 Finandal MathQ1•Which is better, a) invest 2000 dollarsand get back $100 in one year or b) toinvest $200 and get back $50 in 1 year?Please explain your answer1/22/2021Q2•l can give you $1 NOW or $1 amonth from now, which shouldyou choose? Please explain youranswer

Given: There are two options. Return of $100 on investment of $2000 Return of $50 on investment of…

Answered: •Which is better, a) invest 2000…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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•Which is better, a) invest 2000 dollars and get back $100 in one year or b) to invest $200 and get back $50 in 1 year? Please explain your answer %24