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whats the future worth of each investment opportunity The following three investment opportunities are available. The returns for each investment for each year vary, but
whats the future worth of each investment opportunity
The following three investment opportunities are available. The returns for each investment for each year vary, but the first cost of each is $20,000. MARR is 9%/year End of Year Investment 1 Investment 2 Investment 3 1 $8,000 $11,000 $9,500 2 $9,000 $9,500 $10,000 $9,000 3 $10,000 $9,500 4 $11,000 $8,000 $9,500 What is the future worth of each investment opportunity? Investment 15 Investment 2:5 Investment 3:5 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is $10. Based on a future worth analysis, which investment is preferred Step by Step Solution
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