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An investment will generate $12,000 a year for 30 years. If you can earn 10 percent on your funds and the investment costs $120,000, calculate

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An investment will generate $12,000 a year for 30 years. If you can earn 10 percent on your funds and the investment costs $120,000, calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar. -6876 Should you buy it? No Calculate the present value of investment, if you could earn only 6 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar. $ 45180 Should you buy it in this case? hr Yes

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