Which invesment do you prefer

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Question: You are considering two investment opportunities. The first would earn 16% per year with quarterly compounding. The second investment you would invest 10,000 today and receive 1,600 per year for the next 50 years starting a year from today as well as an extra 1,000,000 payout at the end. which invesment do you prefer?

Reference no: EM133491908

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