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Suppose your uncle offers you $200 today or $321 in 9 years. You would prefer to take the $200 today if the interest rate is
- Suppose your uncle offers you $200 today or $321 in 9 years. You would prefer to take the $200 today if the interest rate is
A | 5 percent. |
B | 4 percent. |
C | 6 percent. |
D | 3 percent. |
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