In: Finance
Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW2-1 assuming 15.2628 interest rate.
EOY |
Alternative 1 |
Alternative 2 |
0 |
- 24,423 |
- 48,780 |
1 |
2,729 |
1,000 |
2 |
2,729 |
1,800 |
3 |
2,729 |
2,600 |
4 |
2,729 |
3,400 |
5 |
2,729 |
4,200 |
6 |
5,000 |
|
7 |
5,800 |
|
8 |
6,600 |