At the beginning of year 1, you have $10,000. Investments A and B are available; their cash flows are shown in the file P14_84.xlsx. Assume that any money not invested in A or B earns interest at an annual rate of 2%. a. Enter the maximized amount of cash on hand at the beginning of year 4.
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Investment A gives you a return of $0.20 at the end of year 1, $1.50 at the end of year 2, and $0.00 at the end of year 3. Investment B costs you $1.00 at the end of year 1, gives you $0.00 at the end of year 2, and gives you $1.90 at the end of year 3. Any Show more…
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