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  3. 2) investment a yields 6% simple interest for six

2) Investment A yields 6% simple interest for six years. Investment B yields 6%, compounded...

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Accounting

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2) Investment A yields 6% simple interest for six years. Investment B yields 6%, compounded annually, for eight years. Investment C yields 6% simple interest for eight years. Which one of the following statements is correct if all three individuals invested the same amount of money on the same day? A) Investment A will provide a higher return than Investment C at the end of three years. B) Irvestment B will provide a higher return than either Investment A or C at the end of four years. C) Investment C will provide a higher return than either investment A or B at the end of six years. D) Investments A and C will provide a higher return than Investment B at the end of six years. E) None of the above

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