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.
Extracted 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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