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A. You are going to purchase your dream home. The owner gives you the option of paying $2,000 per month for the next fifteen years
A. You are going to purchase your dream home. The owner gives you the option of paying $2,000 per month for the next fifteen years (180 payments) with the first being made one month from today or paying $785,000 twenty years from now. If your interest rate is 6% (monthly), which should you take
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