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On Joe Martins graduation from college , Joes uncle promised him a gift of $11,800 in cash or $780 every quarter for the next 4
On Joe Martins graduation from college , Joes uncle promised him a gift of $11,800 in cash or $780 every quarter for the next 4 years after graduation. Assume money could be invested at 8% compounded quarterly.
A. calculate the present value of options
Option 1 $______
Option 2 $______
B. Which offer is better for Joe?
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The Complete Guide To Operational Auditing
Authors: Harry R. Reider
1st Edition
0471594199, 978-0471594192
