Question: Please solve it by hand step by step Xena is thinking about what to do with her money. She has $20,000 in the bank earning

Please solve it by hand step by step Xena is thinking

Please solve it by hand step by step

Xena is thinking about what to do with her money. She has $20,000 in the bank earning 4% per year (variable rate). She has an option of investing that money into a project which will pay her $10,000 in one year, $8,000 in two years, and $3,000 in three years. Should Xena invest? Discuss all relevant factors to support your decision

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