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If the interest rate is 6%, which of these investments would you prefer? A. A single Payment of 500 dollars in year 3. B, A
If the interest rate is 6%, which of these investments would you prefer? A. A single Payment of 500 dollars in year 3. B, A payment of 40 dollars a year for 20 years starting in one years time C. A perpetuity of 30 dollars a year starting in one years time D. A payment of 342.17 today ?
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