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Someone asks you to invest $ 1 0 , 0 0 0 now. As a return, they will pay you $ 3 , 5 0
Someone asks you to invest $ now. As a return, they will pay you $ per year for four years. You know you need to have a return rate of otherwise you would rather put your money in the bank. Is this a worthwhile investment based the PW method?
a Solve the problem by hand;
b Solve the problem using Excel.
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