True about the return on the investment

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Reference no: EM131623091

Ben invests $10,000 at a rate of interest of 5 percent for 40 years. Which of the following is true about the return on the investment?

Ben will receive more money at the end of 30 years compared to the money received at the end of 40 years.

Ben will receive an interest of $5,000 at the end of ten years.

Ben will receive no interest on his investment at the end of the investment period.

Ben will receive more money at a 3 percent rate of interest instead of the existing rate.

Ben will receive a significant amount at the end of the investment period, due to the feature of compounding

Reference no: EM131623091

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