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Francisco is offered two contract in order to start his new company. The first contract costs $7,000 that pays $1,500 yearly, and the second contract
Francisco is offered two contract in order to start his new company. The first contract costs $7,000 that pays $1,500 yearly, and the second contract costs $6,200 and pays $1,350 yearly, Both are 6 year contracts and have a desired return of 5% per month. Which contract has higher annual benefit? (not EUAB or EUAW))
A. 2nd Contract
B. 1st Contact
C Both are equel
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