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You have the option of investing in one of two projects G: project G needs 1.000.000 immediatly and gives 2.270.000 after 4 years. K:
You have the option of investing in one of two projects G: project G needs 1.000.000 immediatly and gives 2.270.000 after 4 years. K: Project K needs 1.200.000 immediatly and gives 2.500.000 after 5 years You need to take into account 4,1% yearly interest calculated yearly. Based on present value of these projects which one is the better option? |
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Business Statistics
Authors: Robert A. Donnelly
2nd Edition
0321925122, 978-0321925121
