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The B company has a policy of requiring a rate of return on investment of 16%. Two investment alternatives are available but the company may
The B company has a policy of requiring a rate of return on investment of 16%. Two investment alternatives are available but the company may choose only one. Alternative 1 offers a return of $50 000 after 4 years, $40 000 after 7 years, and $30 000 after 10 years. Alternative 2 will return the company $750 at the end of each month for 10 years. How much is the investment from Alternative 1? Answer: $48,569 (this is right) How much is the investment from Alrernative 2? I got $44,773 but it's wrong
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