Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering.
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Question:
Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $ to help establish a small business; her neighbor Riley would like to borrow $ as a personal loan. One year from now, Ambers original investment will be returned in either case, along with $ of income from Simone or $ of income from Riley. Amber can make only one investment.
Required:
Compute the ROI of Simone and Riley.
Which investment would you advise Amber to make?
What other factors should you advise Amber to consider before making either investment?
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