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Which is better to receive: $1,000 in five years or $200 per year for five years in a row? Assume an interest rate greater than
Which is better to receive: $1,000 in five years or $200 per year for five years in a row? Assume an interest rate greater than zero.
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Id need to know the interest rate
$200 per year
They are the same
$1,000 in the fifth year
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