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You are offered two options, receive $180,000 today (pv) or pmt (annuity) $40,000 in the next five years. If the applicable interest is 10% compounded
You are offered two options, receive $180,000 today (pv) or pmt (annuity) $40,000 in the next five years. If the applicable interest is 10% compounded quarterly, which option do you choose
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