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You have been offered three investment alternatives that will give you different returns after nine years: i. RM7,500 now; ii. RM2,200 a year for nine
You have been offered three investment alternatives that will give you different returns after nine years: i. RM7,500 now; ii. RM2,200 a year for nine years; iii. A lump sum of RM31,000 at the end of nine years. Assuming you could earn 10 percent annually, identify the alternative you should choose by calculating the future values of these options.
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