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QUESTION 35 Your auto dealer gives you the choice A to pay $15,500 cash now or choice B to make three payments: $8,000 immediately
QUESTION 35 Your auto dealer gives you the choice A to pay $15,500 cash now or choice B to make three payments: $8,000 immediately and $4,000 at the end of the next two years. If your cost of money is 8%, which do you prefer? O Choice A O Choice B Same O Don't know
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
