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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 $ a year for years. If you can earn percent on your funds and the investment costs $ calculate the present value of investment. Use Appendix 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 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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