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As winner of a breakfast cereal competition, you can choose one of the following prizes: If the interest rate is 1 5 % , find

As winner of a breakfast cereal competition, you can choose one of the following prizes:
If the interest rate is 15%, find the PV for each of the prizes.
Which is the most valuable prize?As winner of a breakfast cereal competition, you can choose one of the following prizes:
a. If the interest rate is 15%, find the PV for each of the prizes.
b. Which is the most valuable prize?
Complete this question by entering your answers in the tabs below.
Required A
Which is the most valuable prize?
Which is the most valuable prize?
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