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Jeff has the opportunity to receive lump-sum payments either now or in the future. Which of the following opportunities is the best, given that the

Jeff has the opportunity to receive lump-sum payments either now or in the future. Which of the following opportunities is the best, given that the interest rate is 7% per year?

a. one that pays $1,500 in five years

b. one that pays $1,000 now

c. one that pays $1,200 in two years

d. one that pays $1,800 in ten years

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