Question: detailed explination with application Question 1 You are comparing two investments. Both require a $2500 initial investment. Investment A returns $4700 in eight years. Investment

detailed explination with application

Question 1 You are comparing two investments. Both require a $2500 initial investment. Investment A returns $4700 in eight years. Investment B pays $5650 in 12 yrs. Which of these investments has the higher return? 3. 30

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