You have new items in your feed. Click to view.
Question and answer
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.
I'd go for this 1: 6% compounded interest quarterly for 5 years.
Get an answer
Original conversation
User: 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.

Weegy: I'd go for this 1: 6% compounded interest quarterly for 5 years.
danimai|Points 741|

User: Scenario: 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.





Weegy: Option 3: 14.5% simple interest for 10 years.
Expert answered|AttyK|Points 135|

Question
Asked 3/28/2012 8:52:07 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
25,974,763 questions answered
Popular Conversations
How can data on one variable be displayed in ...
Weegy: Data on one variable can be displayed in categories using a - Pie chart. User: How do ...
8/30/2016 10:00:45 AM| 2 Answers
The basic unit of life.
Weegy: BASIC (an acronym for Beginner's All-purpose Symbolic Instruction Code) is a family of general-purpose, ...
8/30/2016 10:30:13 AM| 2 Answers
A "well-rounded" exercise program should include either anaerobic or ...
Weegy: false User: The ability of a muscle to exert force is: strength endurance fitness flexibility
8/30/2016 1:32:26 PM| 2 Answers
the transfer of thermal energy User: Mechanical waves use matter to ...
Weegy: Mechanical waves use matter to transfer energy. TRUE. User: A disturbance that transfers energy from ...
8/30/2016 9:47:47 PM| 2 Answers
Weegy Stuff
S
Points 793 [Total 864] Ratings 5 Comments 743 Invitations 0 Offline
S
1
L
Points 741 [Total 1575] Ratings 3 Comments 711 Invitations 0 Offline
S
L
P
P
P
P
Points 707 [Total 3962] Ratings 0 Comments 707 Invitations 0 Offline
S
Points 151 [Total 151] Ratings 0 Comments 151 Invitations 0 Offline
S
Points 58 [Total 285] Ratings 0 Comments 58 Invitations 0 Offline
S
L
P
P
P
Points 46 [Total 3862] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 40 [Total 45] Ratings 0 Comments 0 Invitations 4 Offline
S
Points 15 [Total 15] Ratings 0 Comments 5 Invitations 1 Offline
S
L
C
Points 11 [Total 4491] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.