You Are Asked to Choose Between a 4-Year Investment That

Multiple Choice

You are asked to choose between a 4-year investment that pays 10% compound interest and a similar investment that pays 11.5% SIMPLE interest.Which investment will you choose?

A) the 10% compound interest investment
B) the 11.5% simple interest investment
C) you are indifferent between the investment choices
D) there is not enough information to answer the question