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In the Perpetuities Explained shockwave flash clip in Lesson 6, you learned how to determine the value of a perpetuity. Decide which of the following
In the Perpetuities Explained shockwave flash clip in Lesson 6, you learned how to determine the value of a perpetuity. Decide which of the following options is better and support your answer mathematically. Option A: Receive a one-time gift of $3200. Option B: Receive $250/yr in perpetuity. Assume that you can invest any money received at 7%/yr compounded annually
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