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Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking $500 and Tian needs $500. One year
Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking $500 and Tian needs $500. One year from now your original investment will be returned, along with $45 income from Nateisha or $48 income from Tian. You can make only one investment.
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a-1. | Compute the ROI of Nateisha and Tian. (Round your answers to 1 decimal place. (e.g., 32.1)) |
a-2. | Which investment would you prefer? | ||||
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b. | What other factors should you consider before making either investment? | ||||
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