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You have inherited $150,000 from your grand-mother. You have determined that you have two different investment opportunities available to you. The money can be placed
You have inherited $150,000 from your grand-mother. You have determined that you have two different investment opportunities available to you. The money can be placed on deposit at the Bank and the interest rate you can earn is 8% compounded annually. You can invest in a business opportunity with Suni's Surfboards and receive the following cash flows: Year 1 Year 2-4 Year 5 $ 15,000 $ 30,000 each year $100,000
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