Investment abd will pay you 7000 for each of the next 9


Investment ABD will pay you $7,000 for each of the next 9 years whereas investment XYZ will pay you $9,000 for the next 6 years. Which one do you like better today? Show your work. (Assume that this discount rate is 10%)

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Finance Basics: Investment abd will pay you 7000 for each of the next 9
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