Question: Solve the following problems using Excel formula. Also, please show the mathematical formulas you would use to solve questions Youre trying to choose between two
Solve the following problems using Excel formula. Also, please show the mathematical formulas you would use to solve questions
Youre trying to choose between two different investments, both of which have up-front costs of $75,000. Investment G returns $135,000 in six years. Investment H returns $195,000 in 10 years. Which of these investments has the higher return?
| Up-front costs | $ 75,000 | ||
| Return on investment G | $ 135,000 | ||
| # of years | 6 | ||
| Return on investment H | $ 195,000 | ||
| # of years | 10 | ||
| Output area: | |||
| Return on investment G | |||
| Return on investment H | |||
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