Question: As Division Manager you have $ 2 0 , 0 0 0 , 0 0 0 to invest in a new project. The Excelsior Project

As Division Manager you have $20,000,000 to invest in a new project. The Excelsior Project Team says that if you invest with them the company will receive returns of $8,000,000 after a year, $10,000,000 after two years, and $12,000,000 after three years. The Indela Project Team says that if you invest with them the company will receive nothing for the first two years and then $34,000,000 at the end of the third year. Create a worksheet that determines which project team offers the better financial return on the investment. The answer
"Excelsior project" or "Indela project" should appear in a cell.

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