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Exercise 3-7 Compare investment alternatives LO 2 Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking
Exercise 3-7 Compare investment alternatives LO 2
Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking $725 and Tian needs $545. One year from now your original investment will be returned, along with $65 income from Nateisha or $68 income from Tian. You can make only one investment. |
Required: |
a-1. | Compute the ROI of Nateisha and Tian. (Round your answers to 1 decimal place. (e.g., 32.1)) |
ROI Nateisha _____% Tian __________% | |
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a-2. | Which investment would you prefer? | ||
|
b. | What other factors should you consider before making either investment? | ||
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