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4. Would you rather receive $1,000 a year for 10 years or $800 a year for 15 years if: a. The interest rate is 5

4. Would you rather receive $1,000 a year for 10 years or $800 a year for 15 years if: a. The interest rate is 5 percent b. The interest rate is 20 percent c. Why do your answers to (a) and (b) differ?

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