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ASAP NO EXPLANATION NEEDED Today, you have $40,000 to invest. Two investment alternatives are available to you. One would require you to invest your $40,000
ASAP NO EXPLANATION NEEDED
Today, you have $40,000 to invest. Two investment alternatives are available to you. One would require you to invest your $40,000 now; the other would require the $40,000 investment two years from now. In either case, the investments will end five years from now. The cash flows for each alternative are provided below. Using a MARR of 13%, what should you do with the $40,000 you have? Click the icon to view the alternatives description. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 13% per year. The FW of the Alternative 1 is $. (Round to the nearest dollar.)Step by Step Solution
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