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d. The interest rate is 4%. Consider the following four investments. Which one has the highest present value? A) 500 in one, two, three, and
d. The interest rate is 4%. Consider the following four investments. Which one has the highest present value? A) 500 in one, two, three, and four years. B) 1000 in two and four years C) 1500 in four years and 500 in one year D) 400 in one and two years, 600 in three and four years. E) All of these have the same present value
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