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If the interest rate is 6%, which of these investments would you prefer? Multiple Choice A single payment of $500 in year 3. A perpetuity
If the interest rate is 6%, which of these investments would you prefer? Multiple Choice A single payment of $500 in year 3. A perpetuity of $30 a year starting in one year's time. A payment of $342.17 today A payment of $40 a year for 20 years starting in one year's time. An annuity of five $30 dollar payments, deferred for 3 years from today
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