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All else constant, which one of the following will result in the lowest present value of a lump sum? Multiple Choice 6 percent interest for

All else constant, which one of the following will result in the lowest present value of a lump sum?
Multiple Choice
6 percent interest for 5 years
8 percent interest for 10 years
8 percent interest for 5 years
6 percent interest for 8 years
6 percent interest for 10 years
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