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Can you please show calculations for each option to show which is the best option. And can you also show steps on how to do
Can you please show calculations for each option to show which is the best option. And can you also show steps on how to do using a financial calculator, thanks!
3. Which of the following do you prefer most if you expect 7% annual rate of return? A. Pay $100 now and receive $60 today and $60 in four years. B. Pay $200 now and receive $12 every year, forever. C. Pay $50 annually for five years, starting now, and receive $30 annually for twenty years, starting the end of the sixth year. D. Pay $50 now and receive $9 every other year, forever, with the first payment being next yearStep by Step Solution
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