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As the prize in a contest, you are offered $ 1 1 , 0 0 0 now or $ 2 1 , 1 0 0

As the prize in a contest, you are offered $11,000 now or $21,100 in 6 years. If the money can be invested at 8% compounded annually, which prize will be worth more in 6 years?
Choose the option which is worth more after 6 years.
accepting a $11,000 prize now and investing it at 8% compounded annually
accepting a $21,100 prize in 6 years
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