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Business, 06.05.2020 05:15 granniejo

Investment A costs $6,000 today and pays back $8,000each year for six years. Investment B costs $6,000 today and pays back $9,000 the first year, with a $500 increase annually, making the second year $9,500, third year $10,000 and so forthfor six years. If an interest rate of 10% is used, which alternative is superior?

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Investment A costs $6,000 today and pays back $8,000each year for six years. Investment B costs $6,0...
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