Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

You have $90,000 in cash. You can deposit it today in a mutual fund earning 7.5
percent semiannually; or you can wait, enjoy some of it, and invest $12,000 in your
brother's business after two years. Your brother is promising you a return of at least 12
percent on your investment. Whichever alternative you choose, you will need to cash
in at the end of 8 years. Assume your brother is trustworthy and that both investments
carry the same risk. Which one will you choose?

Sagot :

aserallhoob99

I will go to the Bahamas instead and think about later

Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.