Suppose an initial investment of $50 will return $35/year for three years (assume the $35 is received each year at the end of the year).
At a discount rate of 20%, this investment Is/is not profitable.
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Suppose an initial investment of $50 will return $35/year for three years (assume the $35 is received each year at the end of the year).
At a discount rate of 20%, this investment Is/is not profitable.