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If $300 will grow to $400 in 10 years, then using the same rate of interest how much will $250 grow to in 25 years:
If $300 will grow to $400 in 10 years, then using the same rate of interest how much will $250 grow to in 25 years: $513.20 $444.86 $557.32 $489.43 A vintner is deciding when to release a vintage of sauvignon blanc. If it is bottled and released now, the wine will be worth $2.2 million. If it is barrel aged for a further year, it will be worth 15% more, though there will be additional costs of $495,000 incurred at the end of the year. If the interest rate is 7%, what is the present value of the difference in the benefit the vintner will realize if he releases the wine after barrel aging it for one year or if he releases the wine now: He will earn $231,000 more if he releases the wine now He will earn $298,131 more if he releases the wine now OOOO He will earn $165,000 less if he releases the wine now He will earn $1,650,000 less if releases the wine now
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