Question:
Marcia wants to have $2000 in 10 years. Marcia plans on
Last updated: 7/26/2022
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Marcia wants to have $2000 in 10 years. Marcia plans on making no deposits or withdrawals. The following are the choices in which she can invest: A savings account earning 2.5% compounding monthly. A checking account earning 1.3% compounded weekly. A money market account earning 3.6% compounded quarterly. Explain which choice Monica should choose.