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You are considering two investment options. One will pay you $4,000 each year over eight years, starting at the end of the year. The other
You are considering two investment options. One will pay you $4,000 each year over eight years, starting at the end of the year. The other will pay you $3,800 each year over eight years, beginning today. The appropriate discount rate for both is 11%. What is the difference in value between the two options? Need answer given using this TMV calculator Compound Interest: End
You are considering two investment options. One will pay you $4,000 each year over eight
years, starting at the end of the year. The other will pay you $3,800 each year over eight
years, beginning today. The appropriate discount rate for both is 11%. What is the difference in value between the two options?
Need answer given using this TMV calculator
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