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Rickos Rickos
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Posts: 1281
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7 years ago
You have just purchased an investment that generates the cash flows that are shown below.  If you are able to invest your money at 5.75%, compounded annually, by how much is this investment better or worse than your next best investment worth today?

        0   $(9,000)
   1   $1,250
   2   $1,585
   3   $1,750
   4   $2,225
   5   $3,450

A) $1,260 better
B) $533 better
C) $(533) worse
D) $8,467 better
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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7 years ago
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Rickos Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This site is awesome
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You make an excellent tutor!
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