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PLEASE DO IT CORRECTLY, THANKYOU! The preferred alternative is A contract offers $22,000 immediately and $65,000 in nine years (Alternative 1) or $8,500 at the

PLEASE DO IT CORRECTLY, THANKYOU!

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The preferred alternative is

A contract offers $22,000 immediately and $65,000 in nine years (Alternative 1) or $8,500 at the end of each of the next nine years (Alternative 2). If money is worth 6%, which offer is preferable? The preferred altemative is

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