Refer to the above table. You have a choice among four alternatives. C

Refer to the above table. You have a choice among four alternatives. Choice A lets you invest $250,000 at 4 percent; B lets you invest $125,000 at 6 percent; C lets you invest $62,500 at 8 percent, and D lets you invest $31,250 at 10 percent.

Which choice will get you to $1 million faster?
A) A B) B C) C D) D

 

ANSWER

A

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