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Mark comes to you for financial advice. Mark is looking to hire a consulting firm to help him with a project he contemplating. The consulting
Mark comes to you for financial advice. Mark is looking to hire a consulting firm to help him with a project he contemplating. The consulting firm has given mark a choice of four different payment options. Mark can earn an annual interest rate of compounded quarterly. Which of the following four options would you recommend that Mark chooses? A Pay $ cash immediately. B Pay $ in one lump sum two years from now. CPay $ at the end of each quarter for two years. D Pay $ immediately plus $ in one lump sum two years from now. Please use your calculaor.
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