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Investment A offers a 5 annual payments of $77,000 with the first payment to be made in 1 year. Investment B offers 3 annual payments
Investment A offers a 5 annual payments of $77,000 with the first payment to be made in 1 year. Investment B offers 3 annual payments of $77,000 with the first payment to be made today. Which investment is worth more?
A or B
A=B
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