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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

  1. 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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