Investment x oers to pay you 3700 every year for the next
Investment X oers to pay you $3,700 every year for the next nine years, whereas investment Y oers to pay you $5,500 per year for the next ve years. If the interest rate is 6%, which investment has the higher present value?
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investment x oers to pay you 3700 every year for the next nine years whereas investment y oers to pay you 5500 per year
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