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Bob is choosing a payment plan for his new car. Plan A lets him pay $ 6 , 0 0 0 today, $ 2 ,
Bob is choosing a payment plan for his new car. Plan A lets him pay $ today, $ one year from now, and $ two years from now. Plan B lets him pay $ today, $ one year from now, and $ two years from now. Plan C lets him pay $ today, $ one year from now, and $ two years from now. Assuming Bob could earn percent on his money, which plan should he choose?
Plan C
Plan B
Plan A
All three options are equally attractive.
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