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Investment x offers to pay you $ 4 , 4 0 0 per year for nine years, whereas Investment Y offers to pay you $
Investment offers to pay you $ per year for nine years, whereas Investment Y
offers to pay you $ per year for five years.
a Calculate the present value for Investments and if the discount rate is percent.
Do not round intermediate calculations and round your answers to decin
places, eg
b Calculate the present value for Investments and if the discount rate is percent
Do not round intermediate calculations and round your answers to decimal
places, eg
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