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A grandfather gives every grandchild $320 on their 16th birthday. The older grandchild is 10 years older than the younger. What calculation should the grandfather
A grandfather gives every grandchild $320 on their 16th birthday. The older grandchild is 10 years older than the younger. What calculation should the grandfather use if he wants to compare the $320 given to the first grandchild to $320 given to the second grandchild?
Select one:
a. Present value
b. Future value
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