An investor has ($100,000) to invest in a business venture, or she can earn 10 percent/year with
Question:
An investor has \($100,000\) to invest in a business venture, or she can earn 10 percent/year with a \($100,000\) certificate of deposit for 4 years. Three possible business ventures have been identified. Any money not invested in the business venture can be put into a bank account that earns 7 percent/year. Based on a future worth analysis, what should be done with the \($100,000?
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To determine the best course of action for the 100000 investment we can compare the future worth of ...View the full answer
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Related Book For 
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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