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7. You tell the person selling the necklace that youll buy the necklace now if you can pay him $15,000 next year, $20,000 in two
7. You tell the person selling the necklace that youll buy the necklace now if you can pay him $15,000 next year, $20,000 in two years, and $25,000 in three years. Using a 4.5% interest rate, should the owner accept your offer? Justify your answer. use excel please
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