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An investment will generate $ 9 , 0 0 0 a year for 2 0 years. If you can earn 1 0 percent on your

An investment will generate $9,000 a year for 20 years. If you can earn 10 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 earn only 6 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar.
$
Should you buy it in this case?
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