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Consider the following alternatives: i. $110 received in one year ii. $220 received in five years iii. $300 received in 10 years a. Rank the
Consider the following alternatives: i. $110 received in one year ii. $220 received in five years iii. $300 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. b. What is your ranking if the interest rate is 2% per year? c. What is your ranking if the interest rate is 14% per year
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