You Have the Opportunity to Spend $1000 Today to Purchase

True/False

You have the opportunity to spend $1000 today to purchase an investment that will pay you $360 next year, $360 in two years, and $400 in three years. This is clearly a good deal because the total amount of money you will receive over this three-year period is $1120, which is more than the $1000 you'd have to pay for the investment.