Max can invest 280 at time 0 in two different investments, Investment I or Investment...
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Finance
Max can invest 280 at time 0 in two different investments, Investment I or Investment II.
Investment I will make payments of 100 at time 1 and 200 at time 2.
Investment II will make payments of R at times 1, 2, 3, 4 and 5.
If both investments have the same yield rate, what is the value of R?
A. 60.62
B. 61.52
C. 62.42
D. 63.32
E. 64.22
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