PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS (only if it is neccesary) 6.- Which is more convenient: to invest in a cooperative society that guarantees to double the invested capital every 10 years, or to deposit in a savings account that offers 7% capitalized quarterly? Note: In the image, this is the original exercise, it is in Spanish, but it is easy to understand.

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter8: Securities Law Considerations When Obtaining Venture Financing
Section: Chapter Questions
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PLEASE, PERFORM THE EXERCISE IN EXCEL AND SHOW THE FORMULAS (only if it is neccesary)

6.-
Which is more convenient: to invest in a cooperative society that guarantees to double the invested capital every 10 years, or to deposit in a savings account that offers 7% capitalized quarterly?

Note:
In the image, this is the original exercise, it is in Spanish, but it is easy to understand.

 

¿Qué es más conveniente: invertir en una sociedad cooperativa que garantiza duplicar el capital invertido cada 10 años, o
depositar en una cuenta de ahorros que ofrece el 7% capitalizable trimestralmente?
Transcribed Image Text:¿Qué es más conveniente: invertir en una sociedad cooperativa que garantiza duplicar el capital invertido cada 10 años, o depositar en una cuenta de ahorros que ofrece el 7% capitalizable trimestralmente?
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