Christopher Thompkins must decide how to invest $10,000 that he just inherited

QUESTION:

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Christopher Thompkins must decide how to invest $10,000 that he just inherited. What would be the future value of his investment after five years under each of the following three investment opportunities?

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a. 6.28% compounded quarterly.

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b. 6.20% compounded monthly.

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c. 6.12% compounded continuously.

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