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Problems Suppose you are offered the following investment choice to make: OYou can invest $500 today and receive $600 in 5 years. The investment is

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Problems Suppose you are offered the following investment choice to make: OYou can invest $500 today and receive $600 in 5 years. The investment is considered low risk. O You can invest the $500 in a bank account paying 4%per year. What is the implied interest rate for the first choice and which investment should you choose

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