Question 181475
Total revenues are 9*1200 = 10800
Total cost is 9000
Total Profit is 1800

SO the question is - Is 1800 over 9 years a 'better than 8%' compounded yearly return?

Or is 10800 ,ore oney after 8 years than just putting the 9000 in paper paying 8%

{{{A = P((1 +r))^(n)}}}
{{{A = 9000(1 + 0.08)^(9)}}}
{{{A = 9000(1.08)^9}}}
{{{A = 17991}}}

So which would you want? 10800 or 17991 all other things equal?