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Question 13: You are given the following options: a. 100,000 per year for 6 years with 10% payable quarterly (at the end) b. 90,000 per
Question 13:
You are given the following options: a. 100,000 per year for 6 years with 10% payable quarterly (at the end) b. 90,000 per year for 7 years with 9% prepaid per month (paid at the beginning) What do you choose and why? (4 units)
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