If you had an investment that promised a 20 year return with a 5% interest rate, or a 1 year return with a 6% interest r

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

If you had an investment that promised a 20 year return with a 5% interest rate, or a 1 year return with a 6% interest r

Post by answerhappygod »

If you had an investment that promised a 20 year returnwith a 5% interest rate, or a 1 year return with a 6%interest rate, why might the longer term investment actually bebetter?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”