Question: 6. LRVB A teacher invests $1,600 that is expected to return $2,000 in two years. Only one timeline needed (a) LRVB Calculate the net present

 6. LRVB A teacher invests $1,600 that is expected to return

6. LRVB A teacher invests $1,600 that is expected to return $2,000 in two years. Only one timeline needed (a) LRVB Calculate the net present value at 1.2%. Is this an attractive investmen (10 points) (b) LRVB Determine the internal rate of return to the nearest 0.1%. (5 points) 3

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