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A very close friend of yours has approached you to invest in an investment scheme. The investment would require you to deposit $ 1 0

A very close friend of yours has approached you to invest in an investment scheme. The investment would require you to deposit $10,000 at the end of year 1, $8,000 at the end of year 2, and $5,000 at the end of year 3 and 4. At the end of the fifth year the investment would repay $31,000. If you can earn 4% on your fixed deposit account, does your friends investment sound attractive to you?

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