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Question 3: Assume that your brother offers an investment for you to receive BD 3,500 per year for the coming 4 years, if you know
Question 3: Assume that your brother offers an investment for you to receive BD 3,500 per year for the coming 4 years, if you know that the discount rate is 4% on this investment. [3 Marks] Calculate how much you should invest now to receive BD3,500? (1 mark) If you have another investment to receive BD13,000, would you still choose your brother's offer? Why? (2 marks)
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