Response to the following problem:
Compare investment alternatives Two acquaintances have approached you about investing in business activities in which each is involved. Nateisha is seeking $2,800 and Tian needs $3,600. One year from now your original investment will be returned, along with $252 income from Nateisha or $306 income from Tian. You can make only one investment.
Required:
a. Which investment would you prefer? Why? Round your percentage answer to two decimal places.
b. What other factors should you consider before making either investment?