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You can choose between the following two investments. Investment A: Promises $600 at the end of each month for a period of two years Investment
You can choose between the following two investments.
Investment A: Promises $600 at the end of each month for a period of two years Investment B: Promises $400 at the end of each month for a period of three years
If the interest rate is 0.6% per month, what is the difference in present value between investment A and investment B?
Question 25 options:
| $543.28 |
| $460.41 |
| $457.66 |
| $584.87 |
| $581.38
|
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