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You have the choice of receiving $50,000 now or $18,000 now and another $35,000 two years from now. In terms of today's dollar, which choice
You have the choice of receiving $50,000 now or $18,000 now and another $35,000 two years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 6.8% compounded annually. Which choice is better? O A. The choice of $50,000 now i better OB. They are equal in value. OC. The choice of $18,000 now and $35,000 in two years is better. The better choice is greater than the alternative choice by $ in terms of today's dollar. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) You have the choice of receiving $50,000 now or $18,000 now and another $35,000 two years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 6.8% compounded annually. Which choice is better? O A. The choice of $50,000 now i better OB. They are equal in value. OC. The choice of $18,000 now and $35,000 in two years is better. The better choice is greater than the alternative choice by $ in terms of today's dollar. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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