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Question A: To pay for your annual car insurance, you are given two choices: A) $200 every month for 12 months B) $1100 now and

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Question A: To pay for your annual car insurance, you are given two choices: A) $200 every month for 12 months B) $1100 now and another $1100 in six months If the current interest rate is 7.16% p.a. compounding monthly, which option is most optimal

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