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You are offered $110,000 today or $360,000 in 10 years. Assuming that you can earn 13 percent on your money, which should you choose? If
You are offered $110,000 today or $360,000 in 10 years. Assuming that you can earn 13 percent on your money, which should you choose? If you are offered $360,000 in 10 years and you can earn 13 percent on your money, what is the present value of $360,000?
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