Question
Youre trying to choose between two different investments, both of which have up-front costs of $56,000. Investment G returns $116,000 in five years. Investment H
| Youre trying to choose between two different investments, both of which have up-front costs of $56,000. Investment G returns $116,000 in five years. Investment H returns $176,000 in 9 years. |
| Calculate the interest rate for Investments G and H. |
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Research In Finance
Authors: John W. Kensinger
1st Edition
0857245414, 978-0857245410
