Jesse Invests $1000 for 2 Years in an Investment That

question 192

Essay

Jesse invests $1000 for 2 years in an investment that bears 8% interest compounded
annually. On the same day that Jesse invests his money, Shirley invests $1000 in a simple
interest account with an interest rate of 8%. On the date of maturity, Shirley re-invests her
money, including the interest, for a second year. Without using calculations, explain which
person, if either, has made the more profitable investment.

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Definitions:

Angry Expressions

Are facial and body signals that convey feelings of anger, which can be a response to perceived threats or injustices and serve communicative and adaptive functions in social interactions.

Sad Expressions

Facial or bodily expressions indicating sadness, a basic human emotion characterized by feelings of disappointment, loss, or helplessness.

Introverts

Individuals who tend to be more inward-turning, focusing on internal thoughts, feelings, and moods rather than seeking out external stimulation.

Extraverts

Individuals characterized by their outgoing, sociable, and energetic nature, typically seeking stimulation from the external environment.