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Youre trying to choose between two different investments, both of which have up-front costs of $91,000. Investment G returns $156,000 in 8 years. Investment H
Youre trying to choose between two different investments, both of which have up-front costs of $91,000. Investment G returns $156,000 in 8 years. Investment H returns $276,000 in 15 years. |
Required: |
Calculate the rate of return for each these investments. |
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