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An investment will generate $9,000 a year for 25 years. If you can earn 9 percent on your funds and the investment costs $90,000, calculate

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An investment will generate $9,000 a year for 25 years. If you can earn 9 percent on your funds and the investment costs $90,000, 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 5 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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