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2. Cody estimates that he can invest with a return of 6% compounded annually, which of the following is the best investmentopportunity? a) to receive
2. Cody estimates that he can invest with a return of 6% compounded annually, which of the following is the best investmentopportunity? a) to receive $100,000 today b) to receive $400,000 at the end of the 15th year c) to receive $18,000 at the end of each year for 10 years d) to receive $75,000 at the end of 5th yearand $100,000 at the end of 10th year e) to receive $75,000 at the end of 5th year and $175,000 at the end of 15th year
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