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Cambrian College has to choose between two investment alternatives. Alternative A (a new residence) will provide returns to the college of $30,000 after 2 years,

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Cambrian College has to choose between two investment alternatives. Alternative A (a new residence) will provide returns to the college of $30,000 after 2 years, $20,000 ofter 3 years and $10,000 after 4 years, Only $2000 per year is mode in years five and six, Altemative B (a new gym) will bring returns of $1,000 per year for 8 years. If the college expects a return of 9% compounded annually on investments, which alternative should it choose? Drow a timeline in your notes to practicel Select one: a. Atemative 8 b. Alternative A

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