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Your friend has suggested on you to invest 22000 USD in his project. it is expected that you will earn 5000 USD/year for the first,
Your friend has suggested on you to invest 22000 USD in his project. it is expected that you will earn 5000 USD/year for the first, second, third and fourth year, and 10,000 USD for the fifth year (The prevailing interest in the bank is 5.25%) - Analyze this project, if you should or should not accept. (Please show logic and calculations used, then just state the answers)
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