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please help Present Value of Annuity o house and mangle your back. Being a great friend, you naturally sue - the insurance company offers you
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Present Value of Annuity o house and mangle your back. Being a great friend, you naturally sue - the insurance company offers you $50,000 today or five annual payments of $12,000. The current interest rate is 8%. Which should you take? Show your work to support your decision Step by Step Solution
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