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You have the option of spending $1000 today, in exchange for receiving $426 at the end of each of the next four years. Assume you
You have the option of spending $1000 today, in exchange for receiving $426 at the end of each of the next four years. Assume you can generally earn a rate of return of 6.9% per year. How much more wealth will you have at the end of 10 years if you take the option, relative to just investing your $1000 elsewhere
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