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You are offered $ 1000 today, $ 10 000 in 12 years, or $ 25 000 in 25 years. Assuming that you can earn 11%
You are offered $ 1000 today, $ 10 000 in 12 years, or $ 25 000 in 25 years. Assuming that you can earn 11% on your money, which should you choose?
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