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gewusel gewusel
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6 years ago
A company has two investment choices. Alternative A requires an immediate outlay of $4000.00 and offers a return of $14 000.00 after seven years. Alternative B requires an immediate outlay of $3600.00 in return for which $500.00 will be received at the end of every six months for the next seven years. If the rate of return is 6% compounded semi-annually, determine which alternative is preferable.
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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AxyAxy
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6 years ago
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gewusel Author
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6 years ago
Thank you, thank you, thank you!
momochiime
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Yesterday
Smart ... Thanks!
Gorgio_De
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2 hours ago
Good timing, thanks!
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