Question: What is the maximum amount you would be willing to invest if you wanted a 9.5% return. Assuming that the initial investment of 5000 ending
What is the maximum amount you would be willing to invest if you wanted a 9.5% return. Assuming that the initial investment of 5000 ending of the first year. Where you receive payments in the second year of 500. In year 3 you receive 450, No payment year 4. Final payment in year 5 of 6500. Disregard taxes.
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