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You have to choose between the following three options at a rate 1 0 % . Which do you choose? a . A perpetual annual

You have to choose between the following three options at a rate 10%. Which do you choose?
a. A perpetual annual payment of $5,600 starting in 1 year from today.
b.48 monthly payments of $1,432, with the first payment to be received today.
c. A payment of $70,000 in 2 years.

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