The B/C ratio of an investment of $3,000 which gives $1600 at the end every year for 6 years is __________, if money is worth 9%. Group of answer choices 2.4 2.0 1.8 2.3
The B/C ratio of an investment of $3,000 which gives $1600 at the end every year for 6 years is __________, if money is worth 9%. Group of answer choices 2.4 2.0 1.8 2.3
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Question
The B/C ratio of an investment of $3,000 which gives $1600 at the end every year for 6 years is __________, if money is worth 9%.
Group of answer choices
2.4
2.0
1.8
2.3
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