Investment x offers to pay you 5500 per year for nine years


Investment X offers to pay you $5,500 per year for nine years, whereas investment Y offers to pay you $8,000 per year for 5 years. Which of these cash flow streams has the highest present value if the discount rate is 5% If the discount rate is 22%?

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Finance Basics: Investment x offers to pay you 5500 per year for nine years
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