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N2 Which would you prefer: $3,000 now, $2,000 that was placed in a savings account 5 years ago or $1,000 that was placed in a

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Which would you prefer: $3,000 now, $2,000 that was placed in a savings account 5 years ago or $1,000 that was placed in a savings account 10 years ago if a. Your time value of money is 12% b. Your time value of money is 16% c. Your time value of money is 8%

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