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A heated argument with friends over the difference in todays cash price for a home compared to the total amount required over a period of

A heated argument with friends over the difference in todays cash price for a home compared to the total amount required over a period of five years to own the vehicle ended without a definitive resolution.

Using concepts such as Present-value and Future-value, make a convincing argument to your friends that explains the difference". (not less than 1,500 words)

Kindly provide references.

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