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Suppose you have 10,000 to put into a saving vehicle. Will you be better off putting that 10,000 in an account with 4% annual rate,
Suppose you have 10,000 to put into a saving vehicle. Will you be better off putting that 10,000 in an account with 4% annual rate, compounded quarterly, or buying an asset priced at 10,000 that promises to pay you 25,000 in 20 years, assuming the terms of the account do not change? fill in the answer with either account or asset.
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