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Q1. Your grandfather would like to share some of his fortunes with you. He offers to give you money under one of the following scenarios
Q1. Your grandfather would like to share some of his fortunes with you. He offers to give you money under one of the following scenarios (you get to choose): 1. $8,550 per year at the end of each of the next seven years 2. $48,350 (lump sum) now 3. $100,250 (lump sum) seven years from now
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