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7 An investment will generate $8,000 a year for 25 years. If you can earn 9 percent on your funds and the investment costs $80,000,

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An investment will generate $8,000 a year for 25 years. If you can earn 9 percent on your funds and the investment costs $80,000, calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar. Should you buy it? Calculate the present value of investment, if you could eam only 5 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar $ Should you buy it in this case? Select

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