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Home Q & A Board Science-Related Homework Help Mathematics
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rbayla rbayla
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A year ago
A firm must choose between two investments. Investment A requires an initial outlay of $225,000 and returns $70,000 per year for six years. Investment B requires an initial outlay of $350,000 and returns $90,000 per year for six years. If money earns 9% compounded annually, which investment should the firm select?
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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pigglyoink14pigglyoink14
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A year ago
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rbayla Author
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A year ago
This calls for a celebration Person Raising Both Hands in Celebration
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Thanks for your help!!
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You make an excellent tutor!
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