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14. Investment A costs $11,000 today and pays back $11,500 two years from now. Investment B costs $8,000 today and pays back $4,500 each year
14. Investment A costs $11,000 today and pays back $11,500 two years from now. Investment B costs $8,000 today and pays back $4,500 each year for two years. If an interest rate of 1% is used, which alternative is superior? (worth 10 points)
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