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Continuing the problem from #3 - Mark is selling a well-established fishing business. A potential buyer s offering $150,000 now, nothing in one year (year
Continuing the problem from \#3 - Mark is selling a well-established fishing business. A potential buyer s offering $150,000 now, nothing in one year (year 2), $300,000 at the beginning of year three and $550,000 at the beginning of year 4 . He can invest each payment immediately in a fund that pays 3.5% annually. If he accepts this offer, how much will he have after 4 years
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