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Which of the following would you prefer? Multiple Choice six hundred dollars to be received in 12 years when rates are 8 percent three hundred

Which of the following would you prefer? Multiple Choice six hundred dollars to be received in 12 years when rates are 8 percent three hundred dollars today five hundred dollars to be received in 10 years when rates are 8 percent seven hundred dollars to be received in 12 years when rates are 7 percent

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