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Decision making: Deal 1: An item can be purchased for $10000. Deal 2: The same item can be purchased for $3000.00 down and $150.00 at

Decision making: Deal 1: An item can be purchased for $10000. Deal 2: The same item can be purchased for $3000.00 down and $150.00 at the end of each month for 5 years. If money is worth 8.5% compounded monthly to you... a. ...which is the better deal now?Enter as 1 or 2. Deal b. By how much now?

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