  You have \$1000 to invest,, and you have two options:Option A: 1.725% compounded semiannuallyOption B: 1.675% compounded continuously.(a) Calculate the annual percentage yield for each option. (Round your answers to three decimal places.)Option A%Option B%Which is the better option?O Option AO Option B(b) Calculate the future value of each investment after 2 years and after 5 years. (Round your answers to two decimal places.)YearsOption AOption B\$2\$\$Does your choice of option depend on the number of years you leave the money invested?O Yes How much money would you have to invest today at 6% APR compounded monthly to accumulate the sum of \$250,000 in 30 years? (Round your answer to two decimal places.)

Question
Step 1

According to the given information:

Amount invested =\$1000

Option (A) rate of interest =1.725% compounded semiannually

Formula used to find annual percentage yield is:

Step 2

For calculating option (1) put the values in the above formula:

For semiannually n=2; help_outlineImage TranscriptioncloseAPY =1+ - -1 2 0.01725 1+ -1 2 =(1.008625)- =1.01732- =0.01732 1.732% fullscreen
Step 3

For calculating option (2) rate of interest is 1.675%

And, in this case it is needed ...

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Calculus 