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An Investment of $20,000 Offers a Return of $15,000 in 10

Question 5

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An investment of $20,000 offers a return of $15,000 in 10 years and another return of $15,000 after 15 years. The market rate of interest is 6 percent per year.
-Refer to the scenario above. What is the net present value of the investment?


A) -$7,112.36
B) -$5,365.10
C) -$475.31
D) $9,524.19

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