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You are approached by a developer with an investment opportunity to invest $20,000 in a downtown development project that is expected to yield $500 per
You are approached by a developer with an investment opportunity to invest $20,000 in a downtown development project that is expected to yield $500 per month for the next five years. Draw a cash flow diagram and determine if this investment opportunity is worthy given a MARR of 10% (compounded monthly).
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