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Use present value to rank the following three income streams from most valuable to least valuable: You receive $1000 every year, forever You receive $30,000
Use present value to rank the following three income streams from most valuable to least valuable:
You receive $1000 every year, forever
You receive $30,000 five years from now (nothing before or after)
You receive $6000 every year for five years, then nothing after
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