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UCIE. VOF Pt 9 of 9 (3 complete) P5-40 (similar to) HW Score: 22.22%, 2 of 9 pts Question Help You are thinking about investi
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Answer #1

Present value of return = Future value/(1+Discount rate)^number of years

= 5,637/(1.07)

= $5,268.22

Should invest, since the amount of investment required is lower than value

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