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A bank offers the following program to its customer. If you deposit 5 0 0 0 0 0 at the begining of every month for
A bank offers the following program to its customer. If you deposit at the begining of every month for the next years, then in turn the bank will give you a month forever, starting a month after your last monthly payment. If the time value money were annually, would you join in this program?
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