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An investment will pay $20,900 at the end of next year for an investment of $20,000 at the start of the year. If the bank
An investment will pay $20,900 at the end of next year for an investment of $20,000 at the start of the year. If the bank offers an interest of 2.5% over the same period, what is the net value of the decision to proceed with the investment in terms of dollars today? Hint: The net value in terms of dollars today is the net value computed at time zero. O $500 O + $390 0-$400 O + $400 +$500 0 - $390
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