(Table: Investments I) The table depicts the costs and benefits of an investment. Which of the following statements is (are) TRUE?
I. If the interest rate is 8%, the investment is worthwhile.
II) If the interest rate is 6%, the investment's net present value is $79.26.
III) If the interest rate is 4%, the investment is worthwhile.
A) II and III
B) I, II, and III
C) II
D) III
Correct Answer:
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