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Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW 2-1 assuming 13.2305 interest rate. EOY
Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW2-1 assuming 13.2305 interest rate.
EOY | Alternative 1 | Alternative 2 |
0 | - 20,286 | - 40,370 |
1 | 3,741 | 1,000 |
2 | 3,741 | 1,800 |
3 | 3,741 | 2,600 |
4 | 3,741 | 3,400 |
5 | 3,741 | 4,200 |
6 | 5,000 | |
7 | 5,800 | |
8 | 6,600 |
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