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You are currently comparing two investments, both of which have up-front costs of $45,000. Investment 1 pays $75,000 in 7 years. Investment 2 pays $105,000

You are currently comparing two investments, both of which have up-front costs of $45,000. Investment 1 pays $75,000 in 7 years. Investment 2 pays $105,000 in 9 years. Which of these investments has a higher return?

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