please assist me with those investment problems
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Answer:
Step-by-step explanation:
The attachment shows the calculator entries and results. It is a matter of putting the given values into the formula and doing the arithmetic.
Answer:
Option A)
2000×((1 + 0.042/4)^(4×3))
= $2267
Option B)
2000×((1 + 0.038/12)^(12×3))
= $2241
Option A has higher value after 3 years