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Which will be worth more in 20 years

/in /by

Question

Which will be worth more in 20 years:$150 invested today at a rate of 9%$12 invested every year at a

rate of 12%

a) The $150 invested today will be worth $23.97 more in 15 years

b) The $12 invested every year will be worth $23.97 more in 15 years

c) The $150 invested today will be worth $546.37 more in 15 years

d) The $12 invested every year will be worth $546.37 more in 15 years

e) Both will be worth the same in 15 years

 
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