Sansa owns two investments, A and B, that have a combined value of $2000. Investment A is expected to make annual payments of $300 for 6 years, the expected return of 12% APR, and the first payment is expected later today. Investment B is expected to pay $2000 in T years from today and has an expected return of 11% APR. What is T, the number of years from today that investment B is expected to pay $2000
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Home » Business » Sansa owns two investments, A and B, that have a combined value of $2000. Investment A is expected to make annual payments of $300 for 6 years, the expected return of 12% APR, and the first payment is expected later today.