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please explain Time value of MoneyExample In 1626, the Algonquin Indians sold Manhattan - 57 km^2 of land to Peter Minuit of the Dutch Indian

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Time value of MoneyExample In 1626, the Algonquin Indians sold Manhattan - 57 km^2 of land to Peter Minuit of the Dutch Indian Company for 60 guilders ($24). Was this a bad deal for the Indians? What would be the time value of the $24 for almost 400 years

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