You are considering different investment strategies to save for your retirement.

Option 1: You invest $25/ month at a rate of 3.25% APR compounded monthly for 30 years.

Option 2: You invest $75/ quarter at a rate of 4.00% APR compounded monthly for 30 years.

Option 3: You invest $1,000 at a rate of 6.25% APR compounded monthly for 30 years.

1) Which option was the least amount invested and what was the investment plan?
2) Which option yielded the highest amount at the end of the 30 years and what was the basis of the plan?
3) What is the difference in the principal invested for t

Question

You are considering different investment strategies to save for your retirement.

Option 1: You invest $25/ month at a rate of 3.25% APR compounded monthly for 30 years.

Option 2: You invest $75/ quarter at a rate of 4.00% APR compounded monthly for 30 years.

Option 3: You invest $1,000 at a rate of 6.25% APR compounded monthly for 30 years.

1)	Which option was the least amount invested and what was the investment plan?
2)	Which option yielded the highest amount at the end of the 30 years and what was the basis of the plan?
3)	What is the difference in the principal invested for t

anonymous · Answer

4)	Is it better to invest more money in the beginning or the end of the 30 years?

anonymous · Answer

Also what is the total interest earned for each plan and the total amount after the 30 years for each plan.

anonymous · Answer

please help me in undesrtanding how to do these!