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Discussion 1. What is compounding? What is discounting? 2. Would you be willing to pay $24,099 today in exchange for 100,000 in 30 years? What

Discussion

1. What is compounding? What is discounting?

2. Would you be willing to pay $24,099 today in exchange for 100,000 in 30 years? What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay?

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