Social Studies, 26.02.2020 19:42 rexcapacitor
David is wanting to grow his money is considering three investment projects which are known as Investment A, Investment B, and Investment C. Each investment requires an initial purchase of $10,000. Investment A offers an expected rate of return of 12%, Investment B a return of 5%, and Investment C of 10%. David wants to make the investment and decides that he will cash in a Certificate of Deposit that is currently earning 7% return. Which investment should David NOT purchase because he would lose money? A) Investment A B) Investment B C) Investment C D) Neither Investment
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