Consider two potential investments:
a. Invest $3000 and receive $350 at the end of each month for the next 10 months.
b. Invest $5000 and receive $575 at the end of each month for the next 10 months.
If this were your money, and you wanted to earn at least 18% interest annually on it, which investment would you make, if any? Solve the problem by annual cash flow analysis.