Asked by Roger
A caller informs you that it will take a $70,000 down payment and the investelemt will return $10,000 a year for the next 10 years. He tells you that you that the investment will return 14 percent. If current interest rates are 8 percent, what is the present value of this investment?
Answers
Answered by
Ms. Sue
0
This is a scam. Nobody can be sure what the future holds.
This is a scam. Nobody can be sure what the future holds.
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