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Which invesment is better $1200 at 9% 2 years or $ 1200 at 8% for 2 years
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Jan 12, 2024
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Which invesment is better $1200 at 9% 2 years or $ 1200 at 8% for 2 years
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Answer:
The investment of $1200 at 9% for 2 years is better than the investment of $1200 at 8% for 2 years.
This is because the higher interest rate of 9% will result in a higher return on the investment over the 2 year period.
Tstempko
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Jan 18, 2024
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