As a Division Manager you have $250,000 to invest in a new project.
January 2nd, 2018
As a Division Manager you have $250,000 to invest in a new project. The Maverick Project Teams says that if you invest with them the company will receive returns of $70,000 after a year, $120,000 after two years and $120,000 after three years. The Bull Project Team says that if you invest with them the company will receive nothing for the first two years and then $370,000 at the end of the third year. The current annual discount rate is 6%. Create a worksheet that determines which project team offers the better financial return on the investment