Question4. Let's say you invest an amount now and leave it in the bank for 50 years.
WOULD YOU RATHER... - OPTION A - Invest $\$ 2000$ now, interest rate of $4 \%$ compounded annually - OPTION B - Invest $\$ 4000$ now, interest rate of $2 \%$ compounded annually

Studdy Solution
Compare the future values of both options: - Option A: \$14,212 - Option B: \$10,764
Since \$14,212 (Option A) is greater than \$10,764 (Option B), Option A is preferable.
The preferable option is:
$\boxed{\text{Option A}}$

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