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Jimmy has been offered an investment opportunity. He can pay $ 1 0 , 0 0 0 today and receive $ 3 7 5 0
Jimmy has been offered an investment opportunity. He can pay $ today and receive $ a year from now and every consecutive year for two more years. This makes sense to Jimmy as the total he'll receive is $ which is more than what he has to spend today. Jimmy's friend tells him if you invest the in a mutual fund for the exact same time period, you can make a return. What should Jimmy do
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