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What would be more valuable, receiving $400 today or receiving $535 in 8 years if interest rates are 3.5% and by how much would it
"What would be more valuable, receiving $400 today or receiving $535 in 8 years if interest rates are 3.5% and by how much would it be the more valuable alternative?"
Receiving $535 / $6 higher Present Value | ||
Receiving S400 / $6 higher Present Value | ||
Receiving S400 / $406 higher Present Value | ||
Receiving S535 / $406 higher Present Value | ||
Both are worth the same amount | ||
Insufficient date provided to determine an answer to this question |
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