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Bank A offers you $25 if you put $1,200 in a savings account for one year (at 0.10%) Bank B offers you $0 to open
Bank A offers you $25 if you put $1,200 in a savings account for one year (at 0.10%) Bank B offers you $0 to open an account but pays an interest rate of 2.50%. Which bank do you choose?use excel
You expect to win a lawsuit that will pay you $100,000 in one year. A pre-settlement funding company offers you $90,000 cash today. Do you take the offer?Share your results in excel
calucate pv & fv
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