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You are offered $900 after five years or $150 a year for five years. If you can earn 6 percent on your funds, which offer

You are offered $900 after five years or $150 a year for five years. If you can earn 6 percent on your funds, which offer will you accept? If you can earn 14 percent on your funds, which offer will you accept? Why are your answers different?

PLEASE PROVIDE SOLUTIONS USING A FINANCIAL CALCULATOR INSTEAD OF FORMULAS.

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