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Assume Rafael can earn an 5 percent after-tax rate of return. Use Exhibit 3.1. Would he prefer $500 today or $750 in five years? 500

Assume Rafael can earn an 5 percent after-tax rate of return. Use Exhibit 3.1.image text in transcribed

Would he prefer $500 today or $750 in five years?
500 today
750 five years
125 93 97 72 55 EST 500 LED 104 201 012 20 25 220 2193 127 2 33222 722 765 6 7 536 433 77927 250 700 70 11 77 45 14 85 67 77666 5 123456789012345

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