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Choice 1 Choice 2 Choice 3 Today $300 $100 9/9/20 $125 9/9/21 $400 $150 1. There are three options: 1-you can have $300 today 2-

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Choice 1 Choice 2 Choice 3 Today $300 $100 9/9/20 $125 9/9/21 $400 $150 1. There are three options: 1-you can have $300 today 2- you can have $400 in two years 3- you can have $100 today, then $125 after a year, then $150 after two years. If the current rate of interest is 15%, which choice is the best deal? At 15%, the current (present) value of choice 1 is what? If I lower the interest rate to 5%, which choice is the best deal

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