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If the rate of interest rate (r) is 6%, then you should be indifferent about receiving $800 today or ____________. A. $600.00 in one year
If the rate of interest rate (r) is 6%, then you should be indifferent about receiving $800 today or ____________.
A. | $600.00 in one year | |
B. | $800.00 in one year | |
C. | $423.46 in one year | |
D. | $848.00 in one year |
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