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2. Gurdreep is analyzing two projects. The first requires a $ 24,000 initial investment and returns...

2. Gurdreep is analyzing two projects. The first requires a $ 24,000 initial investment and returns $12,000 a year for four years. The second project requires a $30,000 initial investment and returns $14,000 a year for four years. What is the crossover point for these two projects?



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Answer #1

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