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Question 10 You have a choice of receiving R30 000 now, R33 000 in two years' time, R36000 in three years' time or R39000 in

Question 10 You have a choice of receiving R30 000 now, R33 000 in two years' time, R36000 in three years' time or R39000 in four years' time. Assuming a discount rate of 6.4%, which option has the highest present value? (1) R30 000 now (2) R33 000 in two years' time (3) R36 000 in three years' time (4) R39000 in four years' time (5) All options have the same monetary value

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