Question: You can invest in Option A or Option B: Option A: –10% in year 1, +20% in year 2, option B: +5% in year 1, +5% in year 2. Both start at $1,000. Which has higher final value?
A) Option A, $1,080
B) Option B, $1,102.50
C) Option A, $1,100
D) Option B, $1,102.00
Correct answer: B
Grade: 7 | Topic: Number System | Difficulty: Medium | Standard: 7. NS. A. 3