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Step by step solution and formula. Which among the investments is the most beneficial? Justify. Complete the tables below and identify which among the investments
Step by step solution and formula. Which among the investments is the most beneficial? Justify.
Complete the tables below and identify which among the investments is the most beneficial. Please justify. Case 1: Investment Future Value Investment Life (Years) Rate of Return Single Amount (Lump Sum Amount) Interest Factor (use 4 decimal places) A B D E F G H I 10,000 10,000 10,000 10,000 10,000 20,000 20,000 20,000 20,000 20,000 15 20 25 30 35 10 10 10 10 10 5% 5% 5% 5% 5% 3% 6% 9% 12% 15% Case 2: Investment Life (Years) Annuity (Year-end Receipts) Rate of Return Present Value Interest Factor (use 4 decimal places) A B C D E F G H I J 10,000 10,000 10,000 10,000 10,000 20,000 20,000 20,000 20,000 20,000 15 20 25 30 35 10 10 10 10 10 5% 5% 5% 5% 5% 3% 6% 9% 12% 15%Step by Step Solution
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