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Posted on Sep 30, 2024

You are offered $ 1 5 , 0 0 0 in 1 0 years or $ 7 , 0 0 0 today. The going rate

You are offered $

15, 000

10

years or $

7, 000

today. The going rate of

interest is

8 % .

Which choice would you take?

7, 000

today

15, 000

10

years

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