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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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