Business math help, Algebra

Assignment Help:
Can you please expalin to me how to solve this question? I am totally lost.
A client comes to you for investment advice on his $500,000 winnings from the lottery. He has been offered the following options by three different financial institutions and requests assistance to help understand which option would be the best for his investment.
Option 1: 6% compounded interest quarterly for 5 years.
Option 2: 8% compounded interest annually for 5 years.
Option 3: 14.5% simple interest for 10 years.

Related Discussions:- Business math help

Stephanie, a long distance telephone company charges 7 cents per minute or ...

a long distance telephone company charges 7 cents per minute or a 50 cent minimum charge per completed call, whichever is greater. Find the cost of a 1 minute call

Solve problem , please solve this eqution step by step for me hving trouble...

please solve this eqution step by step for me hving trouble -58x-26=8x-230.6

Math, i am in 6th grade..... and just test prep

i am in 6th grade..... and just test prep

Solve word problem, In his boat, Leonard can travel 24 miles upstream in t...

In his boat, Leonard can travel 24 miles upstream in the same time it takes to travel 36 miles downstream. If the rate of the current is 2 mph, find the rate of the boat in still

Word problem, larry has a propane tank in the shape of a cylinder with a he...

larry has a propane tank in the shape of a cylinder with a hemisphere on each end, the total length of the tank is 16 feet. the width of the tank is 6 feet. he intends to paint the

Integers, how to find the distance between -2 and 3 on a number line

how to find the distance between -2 and 3 on a number line

Expanding brackets.., how to expand when asked to divide, multiply etc

how to expand when asked to divide, multiply etc

Probability, Your school holds a spring carnival each year to raise money f...

Your school holds a spring carnival each year to raise money for local charities. you are running a carnival game called lucky seven. the player must choose whether to throw a dart

Asvab, need help to pass for free

need help to pass for free

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd