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Which one would you rather have: a) The future value of $5,000 per year for 10 years to be given to you in year 10
Which one would you rather have:
a) The future value of $5,000 per year for 10 years to be given to you in year 10 (that is 10 years from now) when the interest rate is 6%?
b) The present value of $12,500 per year from year 11 to year 35 when the interest rate is 6%?
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