Hal Green plans to choose one of the three investments.Investment A pays $1,000 at the end of each year for four years.Investment B pays $4,500 at the end of four years. Investment Cpays $600 at the end of each year for three years and pays, $2,400at the end of the fourth year. Hal requires a return of 8% on eachof these investments.
Required: Provide information to help Haldecide how much he should pay for each of these investments.