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Posted on Sep 09, 2024

You are selling some furniture and your friend has offered to give you $ 5 2 9 in the one year and $ 7 5

You are selling some furniture and your friend has offered to give you $

529

in the one year and $

750

in the

4

years. If the relevant return is

5.98 %,

what is today's value of your friends offer?

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