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can someone help with this accounting problem. part b-2 is at bottom please dont forget You can choose to take $110,000 in 13 years or
can someone help with this accounting problem. part b-2 is at bottom please dont forget
You can choose to take $110,000 in 13 years or $47,500 today. At an interest rate of 9 percent, what is the value of $110,000 now? (Enter your answer as a positive number rounded to 2 decimal places.) a-2. Which option should be selected? O $110,000 in 13 years O $47,500 today b-1. Assume an interest rate of 9 percent for 10 years. If the choice is $110,000 in 10 years or $47,500 today, how much is the $110.000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Which option should be selected now Step by Step Solution
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