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In negotiating a contract for your business, you have to decide between receiving $50 000 now or $20 000 now and $35 000 three years
In negotiating a contract for your business, you have to decide between receiving $50 000 now or $20 000 now and $35 000 three years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.25% compounded annually
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