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The financial company offers two kinds of investment plans. If you invest $K in plan A in Year 0 , you will get $ 0
The financial company offers two kinds of investment plans. If you invest $K in
plan A in Year you will get $K for the next five years Year If you invest $K in
plan B in Year you will get $K for the next five years Year and an additional $K
in Year When based on a present value criterion, which plan will you choose?
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