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If you have two investments A and B, each promising to give you $20,000 in the future at 8% interest rate. Which one will have

If you have two investments A and B, each promising to give you $20,000 in the future at 8% interest rate. Which one

will have a lower present value today? a. Investment X to be received in 10 years b. Investment Y to be received in 20

years.

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