Question
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? Round answer to zero decimal placesi.e. $89,578v
How much is the investment from Alternative 2? Round answer to zero decimal placesi.e. $89,578
alternative 1 is $48568 but alternative 2 is wrong i cant get it and i keep getting 44772.61 and it wrong.
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