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B) You plan to buy a villa at 6th of October district. The Contractor offered you two methods of payment: Method 1: you will pay

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B) You plan to buy a villa at 6th of October district. The Contractor offered you two methods of payment: Method 1: you will pay EGP 2,000,000 each year for the next 5 years. Method 2: You will pay EGP 6,000,000 in cash If the interest rate is 10%, which method of payment would you choose

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