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Business, 18.09.2019 03:00 Gabriella0000

Which of the following statements is true—assuming that no additional deposits or withdrawals are made?
(a) an investment of $50 at an annual rate of 5% will return a higher value in five years than $25 invested at an annual rate of 10% in the same time.
(b) an investment of $25 at an annual rate of 10% will return a higher value in five years than $50 invested at an annual rate of 5% in the same time.

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