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If your investment earns 10% per year would you rather $8,000 now or $16,000 in 10 years if your investment is compounding quarterly? a. $16,000
If your investment earns 10% per year would you rather $8,000 now or $16,000 in 10 years if your investment is compounding quarterly?
a. | $16,000 in 10 years | |
b. | Neither | |
c. | I'm indifferent | |
d. | $8,000 now |
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