Compound Interest, Future Value, and Present Value
1. Explain which of the two options below results in a lower balance after 6 months on a debt of $2500.
Discuss why the two methods result in different results.
In what circumstances might you select one option over another?
2. An increase in value of any collection is not guaranteed for a variety of reasons. If you are a collector, please use your own collection to answer the following questions. If you are not a collector, then use Elvis memorabilia for your answers.
|$5.00||no category||fornicola||2 time(s)|