Sami has $500 to invest. suppose he has the following investment options: 3% compounded annually for 4 years, 4% compounded annually for 3 years, 2.5% compounded every 2 years for 6 years, and 5% compounded annually for 2 years. which investment will give him the most money at the end of its investment period? (remember, the formula is a = p(1 + r)t.)

Sami should invest in 1st case, to get the maximum money.

Step-by-step explanation:

Sami has $500 to invest.

We will use the compound interest formula :

Case 1:

p = 500

r = 3% or 0.03

t = 4

n = 1

Putting the values in formula we get,

A = $562.75

Case 2:

p = 500

r = 4% or 0.04

n = 1

t = 3

Putting the values in formula we get,

A = $562.43

Case 3:

p = 500

r = 2.5% or 0.025

n = 3

t = 6

Putting the values in formula we get,

A = $525.42

Case 4:

p = 500

r = 5% or 0.05

n = 1

t = 2

Putting the values in formula we get,

A = $551.25

Comparing all values we can see that case 1 has the highest amount.

Hence, Sami should invest in 1st case, to get the maximum money.

answer: sensy

step-by-step explanation:

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step-by-step explanation: