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Bryan is selling a piece of land and receives the following offers: Kyle offers you $270,000 cash. Alex offers him an advance of $150,000 and

Bryan is selling a piece of land and receives the following offers:

Kyle offers you $270,000 cash.

Alex offers him an advance of $150,000 and the balance in 2 promissory notes of $71,430 each at 6 and 10 months. If Bryan can invest at 1.2% per month with monthly compounding, which alternative is best for him?

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