Suppose you're offered the following three accounts to invest $10,000 for 20 years: 14% simple interest, 4% Interest compounded monthly, and an annuity with quarterly payments of $125 at 9% interest compounded quarterly. Which is the best choice? Round your answers to the nearest cent. Part 1 of 4 The future value of $10,000 using 14% simple interest is $ 28,000 х Part: 1/4 Part 2 of 4 The future value of $10,000 using 4% interest compounded monthly is X
