You want to have $10,218 at the end of 8 years. How much do you...
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You want to have $10,218 at the end of 8 years. How much do you have to invest today to accumulate that total if you can earn 7.9% compounded annually? D Question 8 1 pts A real estate agent wants you to buy a plot of land today for $60,000 and he promises that you can sell it back to him in 7 years for $100,000. you can earn 9% on alternative Investments, then what is the present value of the sales proceeds? Is this a worthwhile investment? O $54.703.42, it is not a worthwhile Irvestment O $54,700.42: It is a worthwhile investment $61.294 51: It is not a worthwhile investment $61.294 51: It is a worthwhile investment $60.000: not enough information is provided
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