Question

Question 5 Which of the following investments do you prefer? (a) Purchase a bond with a single payment of $1000 in ten years, for a price of $550. (b) Invest $550 for ten years in PNC Bank at a guaranteed annual interest rate of 4.5%.

Answer 1

Answer:

A

Explanation:

This is the answer. I think its help you

Answer 2

Answer:

B

Explanation:

Invest 550 for ten years in PNC bank