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Would you rather have $1,500 in 2 years, or $1,450 in 1 year? Assume you can make 1.2% on your investments. Group of answer choices
Would you rather have $1,500 in 2 years, or $1,450 in 1 year? Assume you can make 1.2% on your investments.
Group of answer choices
$1,450 in 2 years since its PV is $56 higher
$1,450 in 2 years since its PV is $8 higher
$1,500 in 2 years since its PV is $32 higher
$1,500 in 2 years since its PV is $15 higher
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