Andre can purchase an investment that will pay him $1,500 per year at the end of each of the next ten years. This investment would cost him $9,217. If Andre can earn 8% on another investment of comparable risk, should he purchase this investment?
Group of answer choices
No, because the return is less than 8%.
Yes, because the return is greater than 8%.
No, because the return is equal to 8%.
Yes, because the return is equal to 8%.